The Dow Jones Precious MetalsIndex and Global Markets

Alternative investments in precious metals

“…Overall, their evidence suggested that investors could improve portfolio performance considerably by adding a significant exposure to the equities of precious metals firms. Sharma, Dey, and Aggarwal (2013) investigated the relationship between the Dow Jones Precious Metal Index (DJGSP) and the market indices of the largest economies of the world, which included the U.S., the U.K., Germany, Sweden, Spain, Brazil, Hong Kong, Australia, Norway, and Canada for the five-year period from April 2007 to April 2012. Their results showed that market indices of seven out of ten economies, when used together, better predicted the movements in the DJGSP.…”