Analyzing the Interplay Between China's Stock Market Performance and Gold Valuation Across Macroeconomic Environments in History_Vol. 1 No. 6 (JSE 2024) _Journal of Statistics and Economics (ISSN: 3005-5733)

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Analyzing the Interplay Between China's Stock Market Performance and Gold Valuation Across Macroeconomic Environments in History

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DOI: https://doi.org/10.62517/jse.202411610

Author(s)

Zeyu Zhu

Affiliation(s)

Department of Economics, Lingnan University, Hong Kong

Abstract

The paper aims to examine the relationship between the gold and stock market in China for the recent rate hike. The paper considers the influence of the recent federal rate hike in the performance of two assets, and other economic factors are also considered in the multifactor regression to check the detailed changes and effects from each factor. The performance of two assets is testes under situation of rate hike and cut, the result indicates that gold could not act as well hedge to the Chinese stock market during the rate hike. The gold shows some features of a hedge in rate cut, but this feature is not clear and stable.

Keywords

Gold and Stock Market Relationship; Federal Rate Hike; Hedge

References

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