Are Gold Bugs Coherent?

13 Pages Posted: 23 Jan 2016

See all articles by Brian M. Lucey

Brian M. Lucey

Trinity Business School, Trinity College Dublin; Abu Dhabi University - College of Business Administration; Shanghai Lixin Univeristy of Accounting and Finance

Fergal A. O'Connor

University College Cork

Date Written: January 22, 2016

Abstract

We use wavelet models to surface the relationship between gold miners stock prices and the price of gold. We find that there is little relationship in the short run but some significant and long standing long run relationships. Gold prices appear to lead gold miner stock prices.

Keywords: gold mining, gold miners, substitution, wavelets

undefined

JEL Classification: C14, G12

Suggested Citation

Lucey, Brian M. and O'Connor, Fergal A., Are Gold Bugs Coherent? (January 22, 2016). Available at SSRN: https://ssrn.com/abstract=2720324 or http://dx.doi.org/10.2139/ssrn.2720324

Brian M. Lucey (Contact Author)

Trinity Business School, Trinity College Dublin ( email )

The Sutherland Centre, Level 6, Arts Building
Dublin 2
Ireland
+353 1 608 1552 (Phone)
+353 1 679 9503 (Fax)

Abu Dhabi University - College of Business Administration ( email )

PO Box 59911
Abu Dhabi, Abu Dhabi 59911
United Arab Emirates

Shanghai Lixin Univeristy of Accounting and Finance ( email )

Shanghai
China

Fergal A. O'Connor

University College Cork ( email )

College Road
Cork
Ireland

0 References

    0 Citations

      Do you have a job opening that you would like to promote on SSRN?

      Paper statistics

      Downloads
      458
      Abstract Views
      2,477
      Rank
      131,279
      PlumX Metrics
      Plum Print visual indicator of research metrics
      • Usage
        • Abstract Views: 2473
        • Downloads: 458
      • Captures
        • Exports-Saves: 1
      see details