The financial economics of gold—A survey

FA O'Connor, BM Lucey, JA Batten, DG Baur - International Review of …, 2015 - Elsevier
We review the literature on gold as an investment. We summarize a wide variety of literature,
including the papers in this special issue of International Review of Financial Analysis to …

Asymmetric spillover and network connectedness between gold, BRENT oil and EU subsector markets

W Mensi, I Yousaf, XV Vo, SH Kang - Journal of International Financial …, 2022 - Elsevier
This study examines the dynamic asymmetric return spillovers between gold and oil
commodity futures and 22 European equity sectors using the Diebold and Yilmaz (2012) …

Common and fundamental factors in stock returns of Canadian oil and gas companies

MM Boyer, D Filion - Energy economics, 2007 - Elsevier
We assess the financial determinants of Canadian oil and gas company stock returns. We
find that the return of Canadian energy stock is positively associated with the Canadian …

Gold and US sectoral stocks during COVID-19 pandemic

AA Salisu, XV Vo, B Lucey - Research in International Business and …, 2021 - Elsevier
In this study, we examine the hedging relationship between gold and US sectoral stocks
during the COVID-19 pandemic. We employ a multivariate volatility framework, which …

The determinants of stock price exposure: Financial engineering and the gold mining industry

P Tufano - The Journal of Finance, 1998 - Wiley Online Library
This paper studies the exposure of North American gold mining firms to changes in the price
of gold. The average mining stock moves 2 percent for each 1 percent change in gold prices …

Gold and portfolio diversification: A stochastic dominance analysis of the Dow Jones Islamic indices

OM Alkhazali, TA Zoubi - Pacific-Basin Finance Journal, 2020 - Elsevier
This study examines the role of gold in diversification of eight Dow Jones Islamic stock index
portfolios from 1996 to 2017. Using stochastic dominance (SD) approach, it tests the null …

Risk factors in oil and gas industry returns: International evidence

SB Ramos, H Veiga - Energy Economics, 2011 - Elsevier
The recent boom in oil prices has attracted many investors to oil companies in search of both
returns and diversification benefits. This analysis of the risk factors of investing in the oil and …

Asymmetric relationship between gold and Islamic stocks in bearish, normal and bullish market conditions

MA Naeem, F Qureshi, M Arif, F Balli - Resources Policy, 2021 - Elsevier
We investigate the interdependence between the returns of gold and Dow Jones world
Islamic index along with ten Islamic sectoral indices using quantile based methodologies …

Is gold good for portfolio diversification? A stochastic dominance analysis of the Paris stock exchange

HH Lean, WK Wong - International Review of Financial Analysis, 2015 - Elsevier
This paper aims to assess the role of gold quoted in Paris in the diversification of French
portfolios from 1949 to 2012 using the stochastic dominance (SD) approach. The principal …

[HTML][HTML] A multicountry comparison of cryptocurrency vs gold: Portfolio optimization through generalized simulated annealing

A Som, P Kayal - Blockchain: Research and Applications, 2022 - Elsevier
The last few years have seen a paradigm shift in the financial sector with the development of
cryptocurrencies as an alternative mode of payment as well as an investment scheme. The …