Investor Behavior in Gold, US Dollars and Cryptocurrency during Global Pandemics

Autor:	Yoochan Kim, Erkan Topal, Apurna Kumar Ghosh, Mohammad Waqar Ali Asad
Jazyk:	angličtina
Rok vydání:	2024
Předmět:	gold price COVID-19 US dollars bitcoin price Granger causality Johansen co-integration Economics as a science HB71-74
Zdroj:	Economies, Vol 12, Iss 3, p 64 (2024)
Druh dokumentu:	article
ISSN:	2227-7099
DOI:	10.3390/economies12030064
Popis:	COVID-19 and SARS are epidemics which have influenced the largest global economic crisis in recent years. This research reveals that both SARS and COVID-19 have led to fluctuations in the prices of gold and the US dollar index; however, there is no direct causal relationship be-tween COVID-19 and the price of bitcoin. The USD index saw a significant increase during the SARS outbreak, while gold prices surged during the COVID-19 pandemic. The notion that cryptocurrency will surpass the value of gold or traditional currencies seems improbable, given the lack of evidence linking bitcoin prices to COVID-19. Gold is expected to maintain its value in the long term, offering lower risk compared to other currencies.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/a6da39a53c2e4868942fab61d6a6564e Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
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