Investment opportunities - Gold & other precious metals

Marek Jakoubek

Diplomová práce

Anotace:

This thesis is focused on the comparison of gold and other precious metals from an investment point of view. At first, gold, silver, platinum and palladium will be introduced individually and some general information about each metal will be presented. Then, I will be looking into the metals’ price development and comparing one another to observe their behaviour in time. There will also be a chapter about the alternatives to investing into precious metals and stocks. One of the main goals of this thesis will be to show how the prices of metals react in times of economic growth as well as during crises. To accomplish that, I will be analysing the relation between metals and stocks, specifically the famous S&P 500 stock index, and I will be measuring the results based on various criteria. Lastly, I will calculate and present how an optimal portfolio would look like during different periods, based on my findings.

Abstract:

This thesis is focused on the comparison of gold and other precious metals from an investment point of view. At first, gold, silver, platinum and palladium will be introduced individually and some general information about each metal will be presented. Then, I will be looking into the metals’ price development and comparing one another to observe their behaviour in time. There will also be a chapter about the alternatives to investing into precious metals and stocks. One of the main goals of this thesis will be to show how the prices of metals react in times of economic growth as well as during crises. To accomplish that, I will be analysing the relation between metals and stocks, specifically the famous S&P 500 stock index, and I will be measuring the results based on various criteria. Lastly, I will calculate and present how an optimal portfolio would look like during different periods, based on my findings.

Klíčová slova

silver, platinum, gold, palladium, precious metals, stocks, investing, market, standard deviation, correlation, commodities, optimal portfolio

Keywords

gold, silver, investing, standard deviation, platinum, palladium, precious metals, market, correlation, commodities, stocks, optimal portfolio

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 13. 11. 2017

Obhajoba závěrečné práce

• Obhajoba proběhla 14. 6. 2018
• Vedoucí: Karel Brůna
• Oponent: Ondřej Šíma

Vysoká škola ekonomická v Praze

Magisterský studijní program:
Finance and Accounting