The financial economics of gold—A survey

FA O'Connor, BM Lucey, JA Batten, DG Baur - International Review of …, 2015 - Elsevier
We review the literature on gold as an investment. We summarize a wide variety of literature,
including the papers in this special issue of International Review of Financial Analysis to …

[HTML][HTML] Domestic macroeconomic determinants of precious metals prices in developed and emerging economies: An international analysis of the long and short run

HMU Rana, F O'Connor - International Review of Financial Analysis, 2023 - Elsevier
This study examines the relationship between domestic macroeconomic factors and
domestic precious metals prices across developed and emerging markets from 1979 to …

Does gold act as a hedge or a safe haven for stocks? A smooth transition approach

J Beckmann, T Berger, R Czudaj - Economic Modelling, 2015 - Elsevier
This study deals with the issue whether gold actually exhibits the function of a hedge or a
safe haven as often referred to in the media and academia. In order to test the Baur and …

Is gold a hedge against inflation? New evidence from a nonlinear ARDL approach

TH Van Hoang, A Lahiani, D Heller - Economic Modelling, 2016 - Elsevier
This paper aims to study the role of gold as a hedge against inflation based on local monthly
gold prices in China, India, Japan, France, the United Kingdom and the United States of …

Relationship between gold and stock markets during the global financial crisis: Evidence from nonlinear causality tests

T Choudhry, SS Hassan, S Shabi - International Review of Financial …, 2015 - Elsevier
This paper investigates the nonlinear dynamic co-movements between gold returns, stock
market returns and stock market volatility during the recent global financial crisis for the UK …

The effects of economic uncertainty, geopolitical risk and pandemic upheaval on gold prices

TC Chiang - Resources Policy, 2022 - Elsevier
This paper tests whether gold can be used to hedge against various forms of uncertainty,
using monthly data for the sample period from January 1998 through August 2020. The …

Gold as an inflation hedge in a time-varying coefficient framework

J Beckmann, R Czudaj - The North American Journal of Economics and …, 2013 - Elsevier
This study analyzes the question whether gold provides the ability of hedging against
inflation from a new perspective. Using data for four major economies, namely the USA, the …

Gold price forecasting using multivariate stochastic model

L Madziwa, M Pillalamarry, S Chatterjee - Resources Policy, 2022 - Elsevier
Commodities prices are pivotal to the mineral investment decision and have a considerable
impact on mining companies' financial performance and countries that depend on mineral …

Bayesian analysis of dynamic linkages among gold price, stock prices, exchange rate and interest rate in Pakistan

M Akbar, F Iqbal, F Noor - Resources Policy, 2019 - Elsevier
Understanding of complex relationships among economic variables has much significance
for investors, researchers and policy makers alike. This study is conducted to examine …

Time and place where gold acts as an inflation hedge: An application of long-run and short-run threshold model

KM Wang, YM Lee, TBN Thi - Economic Modelling, 2011 - Elsevier
This study examines the short-run and long-run inflation hedging effectiveness of gold in the
United States and Japan during the period of January 1971 to January 2010. Previous …