Velip, Suraj; Jambotkar, Mrunali; Velip, Savita - In: Applied economics letters 32 (2025) 4, pp. 470-475
In the context of the Russia–Ukraine war, this study examines the dependence structure and evaluates the safe haven attributes of gold for equity in the time-frequency domain. We use the wavelet coherence analysis for the leading stock markets and gold prices. Empirical results indicate that...