@inbook{75899e04e86a4a3a806f7fcc8be5bb4b,
title = "Dynamic correlation of precious metals and equity markets: a mixed data sampling approach",
abstract = "We re-examine the conditional volatility and dynamic correlation of precious metals and equity markets of developed countries by employing mixed data sampling. We find that Gold and Silver serve as short-term safe-haven with decreasing correlation towards zero during equity market recessions. A similar behaviour, albeit not as pronounced, is found for Platinum and Palladium. During normal market periods, Gold might be characterised as a hedge, while the other precious metals show features of a diversifier.",
author = "Tony Klein and Thomas Walther",
year = "2022",
month = jul,
day = "1",
doi = "10.1142/9781800611917_0020",
language = "English",
isbn = "9781800611900",
volume = "4",
series = "Transformations in Banking, Finance and Regulation",
publisher = "World Scientific Publishing ",
pages = "437--452",
editor = "Tony Klein and Sven Lo{\ss}agk and Mario Stra{\ss}berger and Thomas Walther",
booktitle = "Modern finance and risk management",
}