Hambardzumyan, Arev - 2015
gold and silver, and first step to that problem is the observation of co-integration between gold and silver prices. This … paper analyzes the long-run relationship between gold and silver spot prices (daily and monthly). First, five year period of … daily gold and silver prices from 2010 to 2014 is observed. Second, 20 year period of monthly gold and silver prices from …