Is Gold a ‘Safe-Haven’? - An Econometric Analysis
نویسندگان
چکیده
منابع مشابه
Is gold the best hedge and a safe haven under changing stock market volatility?
a r t i c l e i n f o We evaluate the role of gold and other precious metals relative to volatility (Volatility Index (VIX)) as a hedge (negatively correlated with stocks) and safe haven (negatively correlated with stocks in extreme stock market declines) using data from the US stock market. Using daily data from November 1995 to November 2010, we find that gold, unlike other precious metals, s...
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ژورنال
عنوان ژورنال: Procedia Economics and Finance
سال: 2012
ISSN: 2212-5671
DOI: 10.1016/s2212-5671(12)00005-6