The Role of Gold as a Hedge or Safe Haven in African Stock Markets during the COVID-19 Pandemic

This study seeks to investigate the role of gold as a hedge or safe haven against African stock movements during the COVID-19 pandemic by using a two-state Markov Regime-Switching approach. The findings suggest that gold serves as a weak hedge in Malawi, Morocco, Nigeria, Tunisia, and Zambia, a weak...

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Bibliographic Details
Published in:	Management and Economics Review
Main Authors:	Damien KUNJAL, Delane Deborah NAIDU
Format:	Article
Language:	English
Published:	Editura ASE 2023-10-01
Subjects:	covid-19 gold hedge safe haven stock market
Online Access:	https://www.mer.ase.ro/files/2023-3/8-3-9.pdf

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