Lunar Seasonality in Precious Metal Returns?
8 Pages Posted: 19 Sep 2008
Date Written: September 18, 2008
We demonstrate for the first time the existence of a lunar cycle on precious metal returns. This appears to be more pronounced in silver than gold, with very little evidence for an effect in platinum.
Keywords: lunar cycle, behavioral, gold, silver, asset pricing
JEL Classification: G12
Suggested Citation: Suggested Citation