Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7387715 | Resources Policy | 2016 | 6 Pages |
Abstract
This paper studies investor's attention to gold price movements by analyzing the relationship between gold price changes and internet search queries for gold. We find a positive relationship of gold price volatility and search queries and a strong asymmetric effect of negative gold price changes on search queries indicating a preference to mine (google) bad news rather than good news. The analysis of silver, palladium and platinum demonstrates that the findings for gold are unique.
Related Topics
Physical Sciences and Engineering
Earth and Planetary Sciences
Economic Geology
Authors
Dirk G. Baur, Thomas Dimpfl,