Eco-Metals Unveiled: A Deep Dive into Commodity Resilience

Mariana Chambino -Polytechnic Institute of Setúbal, (ESCE/IPS), 2910-761 Setúbal, Portugal

Rui Dias -Polytechnic Institute of Setúbal, (ESCE/IPS), 2910-761 Setúbal, Portugal

Paulo Alexandre – Polytechnic Institute of Setúbal, (ESCE/IPS), 2910-761 Setúbal, Portugal

Rosa Galvão – Polytechnic Institute of Setúbal, (ESCE/IPS), 2910-761 Setúbal, Portugal

Abstract: The drive for sustainability and carbon emissions reduction is fueling the demand for clean energy solutions, with energy metals playing a crucial role in this transition. The environmental and ethical implications of mining and supplying these materials impact market dynamics, influ­enced by environmental regulations and consumer preferences for sustain­able sources. This article aims to analyze the persistence of commodities, including gold (XAU), silver (XAG), platinum (XPT), aluminum (MAL3), nick­el futures (NICKELc1), and copper futures (HGU3), from July 13, 2018, to July 11, 2023. The study divides the sample into four sub-periods: tranquil, COV­ID-19 pandemic, pre-conflict, and conflict (Russian invasion of Ukraine). Re­sults indicate varying behaviors, with some commodities showing anti-per­sistence, suggesting distinct patterns, while others exhibit efficiency or ran­dom walk behavior. Understanding these patterns and market efficiency is valuable for informed investment strategies and risk management amid evolving global economic conditions.

LIMEN Conference

9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – SELECTED PAPERS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023

LIMEN Selected papers published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia

LIMEN Conference 2023 Selected papers: ISBN 978-86-80194-79-0, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.S.P.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

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