Bouri, E., Roubaud, D., Jammazi, R., & Assaf, A. (2017). Uncovering Frequency Domain Causality between Gold and the Stock Markets of China and India: Evidence from Implied Volatility Indices. Finance Research Letters, 23, 23-30.
https://doi.org/10.1016/j.frl.2017.06.010

has been cited by the following article:

• TITLE: Testing for the Asymmetric Impacts of Gold Price on India and South Africa Stock Market: An Asymmetric ARDL Model Approach

  AUTHORS: Sharif Bakar Kombo

  KEYWORDS: Gold Price, Stock, Asymmetry, ARDL

  JOURNAL NAME: Open Journal of Business and Management, Vol.10 No.3, May 9, 2022

  ABSTRACT: This study investigates the asymmetric impacts of gold price on Indian and South Africa stock market prices. This study made use of monthly data that spanned 1997M01-2017M04. The unit root test revealed that the variables employed contained a unit root. An asymmetric ARDL model was set up to achieve the aim of the research. A cointegration test among the variables was passed using the ARDL bound test technique. The test statistics probabilities reject the null hypothesis of asymmetric impact of gold price on the stock market in South Africa and Indian, both in the short and long run respectively.