In this paper, we empirically investigate the impact of pandemics on commodity price volatility. In specific,we explore … the impact of economic uncertainty related to global pandemics on the volatility of the S&P GSCI commodity index as well … negative impact on the volatility of commodity markets and especially on crude oil market, while the effect on gold market is …

silent on the impact of macroeconomic uncertainty on oil and commodity prices and, especially, on their volatility. This … prices. Interestingly, our analysis further reveals that volatility and uncertainty in prices can be disconnected. This is … volatility do not generate price uncertainty, highlighting the relevance of our uncertainty measure in linking uncertainty to …