This study adopts a copula wavelet approach to analyze dynamics of the gold price against bonds, stocks and exchange … serve as a hedge in the classical sense while the findings for the period prior to 2008 mostly suggest that gold is able to … shield investors. Uncertainty measures display a surprising and time-varying relationship with the path of the gold price …

the multivariate factor stochastic volatility (MSV) model, which is extremely efcient for fnancial market analysis and … sample consists of fve prospective safe-haven assets-gold, bitcoin, the euro, the Japanese yen, and the Swiss franc-and fve … 225. Our fndings are useful for inves‑ tors searching for the best safe-haven assets among gold, bitcoin, and currencies …

This paper examines the properties of the gold risk premium. We estimate a parsimonious model for the gold risk premium … bond markets, and investigate the role of gold as a hedge and safe haven asset from an ex-ante point of view. The results … show that gold is not expected to serve as hedge and safe haven for the bond and stock markets, but it is so realized ex …

assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …

assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …

This paper assesses the hedging and downside risk benefits of using gold for currency risk management at different … confirms the usefulness of gold in currency hedging and downside risk management at different investment horizons, even though … investment horizons. Using wavelet multi-resolution analysis, we characterized market interdependence between gold and exchange …

between gold and stock and to check the effectiveness of gold as a hedge or a safe haven for stocks. Results showed that: (1 … 22 December 2015–29 February 2016); and (3) for non-bear markets, gold does not offer good risk hedging. … to the increasing investment demand of gold, the hedging effect of gold on China’s stock market has strengthened …

Our study extends the existing literature by exploring the impact of three major risk and uncertainty indices on the … equity indices are positively linked with geopolitical risk (GPR), signifying their hedging capabilities against GPR shocks …. These hedging abilities are more pronounced in the consumer goods, oil & gas, and financial sectors. Furthermore, the …

calculated. Therefore, in this paper, we review the literature on global risk, uncertainty, and volatility measures drawing on …A large number of measures for monitoring risk and uncertainty surrounding macroeconomic and financial outcomes have … researchers in their analyses. However, risk and uncertainty measures differ across multiple dimensions, including the method of …