Weekday effects on gold: Tokyo, London, and New York markets

Using the probability distribution approach, this study explores the weekday effects among Tokyo, London, and New York gold markets. Friday shows positive and significant higher returns, whereas Tuesday shows negative and significant lower returns than other weekdays. The weekend effects still exist...

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Bibliographic Details
Main Authors: Hai-Chin Yu, Chia-Ju Lee, Tung-Li Shih
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2016-07-01
Series:Banks and Bank Systems
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7348/BBS_en_2016_02_Yu.pdf