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