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Hedging with financial innovations in the Asia-Pacific markets during the COVID-19 pandemic: the role of precious metals
Published 2021-05-01“…Based on the optimal portfolio weights and optimal hedge ratios, we find that gold offers the best hedge (followed by silver, platinum, and palladium) against the risk associated with the Asia-Pacific equities during the COVID-19 pandemic albeit with a lower hedging effectiveness during the pandemic. …”
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