Insights of energy and its trade networking impacts on sustainable economic development

Oil and gold are considered as the most vigor influencer for any economy. In this research volatility spillover networking among oil (energy), gold, Asian leading emerging stock markets constructed by coalescence of two approaches BEKK-GARCH complex networking. The data consists daily return sixteen countries’ markets, an index Asia Pacific, future prices contracts period 01–01-2010 to 31-05-2020. It covers all recent shocks current decade study impact these crises. is further divided into four sub-periods well research. results our total detect that commodities receive more than transfer it indices Pacific countries. Moreover, also observed that, compared oil, had strong significant linkages. Among economies, Chinese influence on price movement gold. Whereas, India correlations with other neighboring indices. not only provide facts about interconnection countries in scenarios but give very useful directions researchers, investors, hedgers, policymakers interested region.