Asymmetric effects of crude oil prices and USD exchange rate on precious metals returns:Evidence from pre and during COVID-19 outbreak

Trading in commodities such as precious metals and crude oil is vital to the economy. Frequent exchange rate fluctuations have led to constant changes in commodity prices since 2000. Using quantile regression, this paper examines the impact of oil prices and the US dollar exchange rate on gold, silv...

Full description

Bibliographic Details
Main Authors: Yilin Wang, Jinyu Chen, Xiaohang Ren
Format: Article
Language:English
Published: Elsevier 2023-11-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844023092046