Baghernejad, Amir

[ 1 ] - Can the Gold Coin Futures Prices Forecast the Gold Coin Spot Prices at the Maturity Date?

This paper examines whether the gold coin futures prices in the Iran Mercantile Exchange can forecast accurately the gold coin spot prices at the maturity date. For this, it uses daily data of both futures and spot prices from Azar 1387 to Tir 1397. A cointegration analysis shows that in horizons shorter than 100 days, there is a significant one-to-one relation between these two prices which im...