---
title: Role of Oil and Gold in Portfolio Optimization
url: https://www.ml-quant.com/papers/repec/eee-jrpoli-v-92-y-2024-i-c-s0301420724003246/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:eee:jrpoli:v:92:y:2024:i:c:s0301420724003246
source_url: https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0301420724003246%3Bh%3Drepec%3Aeee%3Ajrpoli%3Av%3A92%3Ay%3A2024%3Ai%3Ac%3As0301420724003246
featured: 2024-05-28
citations: unknown
topic: Portfolio & Allocation
---


# Role of Oil and Gold in Portfolio Optimization

The study reveals gold as a more effective hedge than oil for Pakistani stocks, particularly after COVID-19, and advises investors to diversify their portfolios.

- Source: https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0301420724003246%3Bh%3Drepec%3Aeee%3Ajrpoli%3Av%3A92%3Ay%3A2024%3Ai%3Ac%3As0301420724003246
- Identifier: RePEc:eee:jrpoli:v:92:y:2024:i:c:s0301420724003246
- Released: 2024-05-28
- First featured: Quant Letter No. 51 (2024-05-28): https://www.ml-quant.com/issues/2024-05-28/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation

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