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 …

In this article, we give an overview of the state of scientific knowledge on inflation hedging.
Specifically, we distill the results of several decades of research analysing the relationship …

We compare the performance of safe-haven assets during the Global Financial Crisis (GFC)
and COVID-19 pandemic. First, regarding the GFC, we find, intermediate (weak) safe haven …

This study deals with the issue whether gold actually exhibits the function of a hedge or a
safe haven as often referred to in the media and academia. In order to test the Baur and …

Using a bivariate dynamic conditional correlation (DCC) generalized autoregressive
conditional heteroskedasticity (GARCH) model, this study compares the safe-haven …

Economic policy is a major determinant of investment and financial decisions; Moreover,
prices of precious metals are highly influenced by any uncertainty recorded in the global …

In this study, we examine the dynamic link between returns and volatility of commodities and
currency markets. Based on weekly data over the period from January 6, 1987 to July 22 …

This paper applies the GARCH‐MIDAS model to examine whether information contained in
global economic policy uncertainty (GEPU) can help to predict short‐and long‐term …

This paper tests whether gold can be used to hedge against various forms of uncertainty,
using monthly data for the sample period from January 1998 through August 2020. The …

This study analyzes the question whether gold provides the ability of hedging against
inflation from a new perspective. Using data for four major economies, namely the USA, the …