The financial economics of white precious metals — A survey

Abstract

This article provides a review of the academic literature on the financial economics of silver, platinum and palladium. The survey covers the findings on a wide variety of topics relation to the White Precious Metals including Market Efficiency, Forecastability, Behavioral Findings, Diversification Benefits, Volatility Drivers, Macroeconomic Determinants, and their relationships with other assets.

Cryptocurrencies as a financial asset: A systematic analysis

“…Second, our study is motivated by a relative dearth of systematic literature reviews in finance. While systematic reviews become very popular in medical science, psychology, neuroscience, as well as in economics, international business and management, in finance the preference was given to more narrative literature surveys (for example, O'Connor et al [2015]; Vigne et al [2017]). Systematic analysis approaches can provide a more comprehensive understanding of the knowledge in the field, and the findings can change future directions of the research in this discipline by uncovering gaps in the literature.…”

Effects of Price of Gold on Bombay Stock Exchange Sectoral Indices: New Evidence for Portfolio Risk Management

“…More specifically, gold provides security since it is a reserve asset of the central banks, and there is no credit risk in investing in gold-based assets. Given that stock markets are labelled as risky assets, gold is a safe asset to invest in ( Vigne et al, 2017 ).…”

“Small things matter most”: The spillover effects in the cryptocurrency market and gold as a silver bullet

“…In a comparative analysis which aimed to address the question that if Bitcoin is better safe-haven than gold and commodities, Shahzad et al (2019) concluded that these kinds of assets are weak safe-haven for the global equity indices. In a study on overview of precious metals, Vigne et al (2017) argued that the silver and gold had attracted the focus of researchers, however, it also acknowledged that silver, platinum and palladium do form a single asset class of homogeneous and interchangeable metals. Concerning gold, a comprehensive study by O'Connor et al (2015) surveyed the literature on gold and concluded that gold had been an important investment class.…”