Özet:

Precious metals such as gold, silver, paladium and platinum have been used from ancient times to modern times as a means of payment and a means of savings in human life. With the modernization and development of markets, investors have reinforced the potential financial asset characteristics to be incorporated into their portfolios. Especially during war and economic or political crisis, valuable metals were seen to rise in the portfolio as an investment tool, and therefore their prices increased. Thus, the relationship between precious metals and economic activities has become one of the topics of recent years. In the study, Gregory Hansen will study whether there is a long-term relationship between the integration test and the variables. It has also been tried to identify the relationship between unit root tests, optimum delay length calculations and Granger-based Toda-Yamamoto causal analysis and variables.

Anahtar Kelimeler: