Narayan, Paresh Kumar; Narayan, Seema; Zheng, Xinwei - Deakin University, Faculty of Business and Law, School … - 2010
In this paper we examine the long-run relationship between gold and oil spot and futures markets. We draw on the conceptual framework that when oil price rises, it creates inflationary pressures, which instigate investments in gold as a hedge against inflation. We test for the long-run...
