A Study on the Hedging Function of Gold in the Light of Economic Policy Uncertainty

Table 1

Descriptive statistics for log returns on the closing price of gold.

	Average value	Maximum value	Minimum value	Standard deviation	Skewness	Kurtosis	Jarque–Bera statistic
Rt	0.006159	0.122465	−0.172233	0.047912	−0.352225	4.010878	10.69012