them to mutualise their gold reserves in emergency situations. Gold reserve sharing was especially important in response to … union. But fortunes could change quickly, with emergency recipients of gold turning into providers. Because regional …

markets, i.e. the gold, currency and stock market. We also try to answer if the volatility in the Bitcoin market can be …We look at the link between the volatility in the Bitcoin market and the volatility in other related traditional … volatility and changes in the volatility of the trade weighted USD currency index. A stronger positive link is found between …

+6 stock markets compared to gold. We used daily data for the dates 2 January 2017-20 January 2023, covering the recent … COVID-19 pandemic. The empirical findings provide compelling evidence of cross-market shock and volatility transmission … influence the volatility of stock returns, and the relationship also holds in reverse. All diagonal element estimations are …

market, COMEX and LBMA maintain their dominant positions and act as the net spillover spreaders in the world gold market with … contract prices from the Commodity Exchange Inc. (COMEX), London Bullion Market Association (LBMA) and Shanghai Gold Exchange …

to the increasing investment demand of gold, the hedging effect of gold on China's stock market has strengthened … 22 December 2015-29 February 2016); and (3) for non-bear markets, gold does not offer good risk hedging. …This paper examines the dynamic relationships between gold and stock markets in China. Using daily gold and stock …

. Although for many years it was considered that gold has the role of a safe haven, an increasing number of recent works … haven. Therefore, the paper examines whether gold and bitcoin, the latter as the best representative of cryptocurrencies …, can play the role of safe haven in relation to European indices. In the paper, this hypothesis was confirmed for gold and …

Gold is a globally traded asset and held in large quantities by investors and central banks. Since there is no … established model to assess if the price of gold is overvalued or undervalued, we propose a relative valuation framework based on … gold price ratios. We analyze gold prices relative to commodity prices, consumer prices, stock prices, dividend and bond …

extreme market conditions where the volatility of the stock returns is high. The latter state enables us to test whether gold …This study deals with the issue whether gold actually exhibits the function of a hedge or a safe haven as often … and therefore allows to test whether gold acts as a hedge for stocks, the other one accounts for periods characterized by …

Gold is a globally traded asset and held in large quantities by investors and central banks. Since there is no … established model to assess if the price of gold is overvalued or undervalued, we propose a relative valuation framework based on … gold price ratios and focus on potential drivers of resulting misalignments. This idea is not confined to gold but offers …