The study examines the intraday volatility spillover between the exchange rate, gold, and crude oil using the Dynamic … that gold is the most effective transmitter of return spillover to the exchange rate and crude oil, whereas crude oil is … volatility is a crucial component of the market for commodities derivatives and can influence transaction profitability, hedging …

strategic commodities (oil and gold), as well as their implications for diversified portfolios. The results show, using Baruník …). Short-term spillover is the largest proportion of total volatility spillovers. Furthermore, the uncertainty indices are net … receivers of spillovers for different time horizons. Oil receives more spillovers than gold, indicating that the latter …