Is gold the best hedge and a safe haven under changing stock market volatility?

Hood, Matthew; Malik, Farooq

doi:10.1016/j.rfe.2013.03.001

Public

Is gold the best hedge and a safe haven under changing stock market volatility?

Published in Review of Financial Economics • Mar 14, 2013

Authors:

Matthew Hood

Farooq Malik

Abstract

Abstract We evaluate the role of gold and other precious metals relative to volatility (Volatility Index (VIX)) as a hedge (negatively correlated with stocks) and safe haven (negatively correlated with stocks in extreme stock market declines) using data from the US stock market. Using daily data fro...

Subject

Safe haven

Hedge

Volatility (finance)

Finding related papers...

Discussions

(0)

No comments yet

Be the first to share your thoughts!