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 …

This paper explores the financial asset capabilities of bitcoin using GARCH models. The
initial model showed several similarities to gold and the dollar indicating hedging …

Cryptocurrencies such as Bitcoin are establishing themselves as an investment asset and
are often named the New Gold. This study, however, shows that the two assets could barely …

This study compares the dynamic spillover effects of gold and Bitcoin prices on the oil and
stock market during the COVID-19 pandemic via time-varying parameter vector …

This paper sets out to explore the hedging capabilities of bitcoin by applying the asymmetric
GARCH methodology used in investigation of gold. The results show that bitcoin can clearly …

The aim of this paper is to examine the role of gold in the global financial system. We test the
hypothesis that gold represents a safe haven against stocks of major emerging and …

Is gold a hedge, defined as a security that is uncorrelated with stocks or bonds on average,
or is it a safe haven, defined as a security that is uncorrelated with stocks and bonds in a …

Significant surge in gold prices has attracted speculators, investors and intellectuals alike.
Factors driving gold prices, the effectiveness of gold price predictions, the economic viability …

Abstract Dyhrberg [2016. Bitcoin, gold and the dollar–A GARCH volatility analysis. Finance
Research Letters 16, 85–92] analyzes the relationship between Bitcoin, gold and the US …

This paper examines the asymmetric return spillovers between crude oil futures, gold futures
and ten sector stock markets of China. The results show using the spillover index of Diebold …