Firstly, we examine the impact of macroeconomic uncertainty on short and long correlation between gold and the dollar. Secondly, we analyse the explanatory power of economic uncertainty for the abnormal market relation between gold and the dollar with a threshold model. In particular, we investigate...
The relationship between gold and the U.S. dollar has also been shaped by the "gold standard," a system that tied the value of the dollar to gold until the 1970s. Plus, gold continues to be seen asa safe-haven assetin times of economic uncertainty, so gold becomes more appealing when ...
the relationship between thevalue of the U.S. dollarand gold is important, the dollar is not the only factor that affects the price of the precious metal. Other factors that affect the value of both gold and the dollar are interest rates, inflation, monetary policy, and supply and demand....
dollar index are independence in the extreme.doi:10.1007/978-3-319-03395-2_29Mutita KaewkheawPisit LeeahtamChukiat ChaiboosriSpringer International PublishingAdvances in Intelligent Systems & ComputingAn Analysis of Relationship between Gold Price and US Dollar Index by Using Bivariate Extreme Value ...
Consequently, the effects of gold trading and gold prices have considerably influenced the flow of funds in the financial system. In this context, the function of gold has been highlighted among alternative assets because of its value and credibility. This article observes the relationship between ...
These are the different factors which can affect the monetary value of gold; 1. Level of market demand 3. The market rate of interest. 4. The value of one currency in terms of the US Dollar. 5. Geopolitical factors.Answer and Explanation: ...
The Euro introduction (1999) has added the Euro-Dollar exchange rate as a further main variable that the operators, investing on these commodities, have to consider when implementing their strategies. This paper analyzes the mutual relationship between commodities prices (gold and oil) and the Euro...
Addressing the interconnectedness of oil prices and foreign exchange rates poses a substantial challenge and raises significant questions within economic research. Existing studies reveal a fragmented understanding of the dynamics between these crucial v
According to the numbers, the relationship between money and happiness is strong early on for countries. Then later, when material elements of Maslow’s hierarchy are met, the relationship gets harder to predict. In general, this means that as a country’s wealth increases from $10k to $20k...
and palladium are found to be effective hedges during selective crises. Precious metals, especially gold investment is affirmed to play diversifier, hedge, or safe haven role compared to stocks (Baur and Lucey, 2010). Empirical evidence on the relationships between stock and precious metals has bee...