This paper investigates the ability of gold to hedge worldwide risks from the perspective of global economic policy … interaction between GEPU and gold price (GP). It can be observed that gold can effectively hedge risks of GEPU during the Asian … positive and negative impacts on GEPU. In the current complex economic situation, governments and investors can consider gold …

, gold price and USD exchange rate in the context of the COVID-19 pandemic in 55 Asian and 32 European countries from 11 … causality between stock market and gold price. In addition, there is a unidirectional relationship between the stock market and … the USD exchange rate, while the gold price and the USD exchange rate are completely independent of each other. Meanwhile …