Title :
Notice of Retraction
Empirical tests on weak efficieny of gold futures markets in China
Author :
Cheng, Shufang ; Yang, Zhiming ; Na, Xiaohong
Author_Institution :
Department of International Economy and Trade, Business School of Hohai University, Changzhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
People are paying attention to the gold because of it´s property of currency, commodity, and finance. The gold futures listed on Shanghai Futures Exchange in 2009, and it filled up the blank of China´s futures markets which has been without financial futures for a long time. Basing on the correlation analysis, Run test and Unit root test, the paper took the time series data of the gold futures price listed on SHFE as research object, analyzing the efficiency of gold futures markets in China. From this paper, we could conclude that China gold futures markets don´t follow the weak EMH.
Keywords :
Business; Correlation; Finance; Gold; Time series analysis; Yttrium; gold futures markets; runs Test; serial correlation test; unit foot tes; weak efficiency;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5886832
