Abstract

This paper examines the predictive capacity of online news on the gold futures prices. The empirical results derived from the Chinese market demonstrate that the textual features extracted through natural language processing techniques contain complementary predictive content for gold futures prices, which enhance the 1-day ahead prediction accuracy across different machine learning methods and train-test sets.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.