Hammoudeh, Shawkat; Malik, Farooq; McAleer, Michael - In: The Quarterly Review of Economics and Finance 51 (2011) 4, pp. 435-441
This paper examines volatility and correlation dynamics in price returns of gold, silver, platinum and palladium, and explores the corresponding risk management implications for market risk and hedging. Value-at-Risk (VaR) is used to analyze the downside market risk associated with investments...
