hedging the risks associated with gold price changes. But there is a common question whether that gold option contracts are … (ADF) and Simple linear regressions (OLS model). The result of this paper shows the attractiveness of the gold derivative …The main purpose of introducing gold option futures is because option futures on gold will be fundamentally used for …

. We use a cointegration test, which accounts for the presence of a structural break. We show that while there is a long …

share are made in this paper. The empirical results show that: firstly, from the perspective of cointegration test, there is …