RBI Study: Gold Top Safe Haven, Oil Most Vulnerable to Geopolitical Shocks
A recent RBI staff study reveals gold as the most stable safe-haven asset amidst geopolitical tensions, while crude oil is identified as the most exposed to global shocks. The analysis highlights gold's traditional role as a hedge during crises.
- RBI staff study confirms gold's role as a stable safe haven.
- Crude oil found most sensitive to geopolitical shocks.
- Silver and US Treasuries show moderate asset volatility.
- Study utilized neural networks for enhanced volatility forecasting.
- Analysis covers four decades of geopolitical crises.
- Findings published in RBI's December monthly bulletin.
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