Motivated by psychological evidence on limited investor attention and anchoring, we
propose two proxies for the degree to which traders under-and overreact to news, namely …

The importance of gold as a precious metal has been increasing as a result of the recent
crisis in financial markets. Consequently, the effects of gold trading and gold prices have …

This paper studies the target pricing zone (TPZ) hypothesis for crude oil by examining price
clustering in the dollar digit. It is hypothesized that price clustering occurs within an …

This paper attempts to analyze the relation among gold prices and other macroeconomic
and financial variables and addresses the question whether gold is a safe haven or a hedge …

The gold related research had been highlighted in the recent years due to the sharp
increasing trend of gold price since 2005. Gold price stated an average price of USD 427 …

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This paper studies recurring annual events potentially introducing seasonality into gold
prices. We analyze gold returns for each month from 1980 to 2010 and find that September …

This paper is focusing on seeing the resilient of precious metals returns in facing the global
financial crisis and provide a new guide for the investors before making investment …

Este trabajo tiene por objeto comprobar si el oro actúa como activo refugio, especialmente
en periodos de turbulencias financieras. Para ello, se analiza la trayectoria presentada por …

Quark front page 314:Quark front page.qxd.qxd Page 1 IIIS Discussion Paper No.405 / August
2012 Psychological Barriers and Price Clustering in Energy Futures Brian M. Lucey Michael …