A lesson in inflation from the Roman empire

A depreciation in the value of national currencies has more to do with the rise in gold prices than underlying demand for the yellow metal, according to asset managers.

On Tuesday last week, trading in gold broke through $1,500 per troy ounce on the Comex division of the New York Mercantile Exchange, a record high.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink