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

<table class="table-group" id="tab3"><tr><td><table class="table"><tr><td class="thead-hr" colspan="8"><hr/></td></tr><tr class="thead"><td class="align_left"> </td><td class="align_center">Average value</td><td class="align_center">Maximum value</td><td class="align_center">Minimum value</td><td class="align_center">Standard deviation</td><td class="align_center">Skewness</td><td class="align_center">Kurtosis</td><td class="align_center">Jarque–Bera statistic</td></tr><tr><td class="thead-hr" colspan="8"><hr/></td></tr><tr><td class="align_left">Rs</td><td class="align_center">0.00611</td><td class="align_center">0.242526</td><td class="align_center">−0.28278</td><td class="align_center">0.082856</td><td class="align_center">−0.64021</td><td class="align_center">4.801406</td><td class="align_center">34.39535</td></tr><tr class="table-tr"><td colspan="8"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Descriptive statistics of log returns of SSE indices.</div>

Computational Intelligence and Neuroscience

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Table 3

Table 3: A Study on the Hedging Function of Gold in the Light of Economic Policy Uncertainty 