Is Gold a Hedge against Stock Price Risk in U.S. or Indian Markets?
We study whether gold acts as a hedge or a safe haven in U.S. and the Indian stock markets. These two stock markets have been chosen as representatives of the developed markets and the emerging markets, respectively, and are of significant interest to long-term investors. We apply a linear regressio...
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Format: | Article |
Language: | English |
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MDPI AG
2021-09-01
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Series: | Risks |
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Online Access: | https://www.mdpi.com/2227-9091/9/10/174 |