Shakil, Mohammad Hassan; Is'haq Muhammad Mustapha; … - In: Journal of economics, finance & administrative science 23 (2018) 44, pp. 60-76
Purpose The argument whether gold is a hedge or haven is a debatable issue. Mainly, hedge is a class of asset that is negatively correlated with another asset or portfolio on average. On the other hand, a safe haven is an asset or portfolio which is negatively correlated with another asset or...