{"title":"Comprehensive analysis of gold and silver trading patterns and future projections","authors":"Subir Gupta, Biprajit Biswas, Dipankar Roy, Joyita Ghosh, Kamaluddin Mandal, Abhik Choudhary","doi":"10.30574/wjaets.2024.12.2.0282","DOIUrl":null,"url":null,"abstract":"This research presents a comprehensive analysis of the trading patterns of gold and silver, focusing on their roles as safe-haven assets and their value retention during economic downturns. The study addresses the lack of holistic approaches in the existing literature by integrating data cleaning, descriptive statistics, trend analysis, volatility assessment, and ARIMA modelling to predict future trading values and inform investment strategies. By leveraging these methodologies, the research aims to provide detailed insights into these precious metals' historical and future performance. The findings are expected to aid investors in making informed decisions balancing risk and potential returns.","PeriodicalId":275182,"journal":{"name":"World Journal of Advanced Engineering Technology and Sciences","volume":"3 4","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"World Journal of Advanced Engineering Technology and Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.30574/wjaets.2024.12.2.0282","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This research presents a comprehensive analysis of the trading patterns of gold and silver, focusing on their roles as safe-haven assets and their value retention during economic downturns. The study addresses the lack of holistic approaches in the existing literature by integrating data cleaning, descriptive statistics, trend analysis, volatility assessment, and ARIMA modelling to predict future trading values and inform investment strategies. By leveraging these methodologies, the research aims to provide detailed insights into these precious metals' historical and future performance. The findings are expected to aid investors in making informed decisions balancing risk and potential returns.