About this document
Analyzing Gold Return Drivers by Aaron Xue is a document available to read on EtoBox.
This document summarizes drivers of short-term gold returns on a monthly and quarterly basis from July 2019 to July 2020. It shows that risk and uncertainty had the largest positive contribution to gold returns, while economic expansion had a small positive impact. Momentum had a negative impact on returns each period. The residual, or other factors not captured in the model, also impacted gold prices significantly over this time frame.
- Author
- Aaron Xue
- Language
- EN