Aim/purpose – The main purpose of the research is to examine the impact of COVID-19 pandemic on bitcoin currency, crude oil and gold prices.
Design/methodology/approach –Time series design used in research to analyze the data to answer research questions about the impact of COVID-19 pandemic on bitcoin currency, crude oil, and gold prices. Data was collected for all new cases of infection and death that occurred due to the COVID-19 and were expressed in our research through COVID-19 cases rate (CCR) and COVID-19 death rate (CDR) from the beginning of the pandemic 21-Jan-2020 according to WHO estimates until to 29-May-2020.The data stationary tested by Dicky Fuller unit root testing. In additional NLS and ARMA technique is applied.
Findings – The study found a negative effect of the Corona pandemic on gold prices, and a positive effect of the Corona pandemic on oil, in addition to a negative effect of the CDR on the bitcoin currency but positive affect by CCR.
Originality/value – Our findings will be considered with a great interest for scholars, policy makers, as well as investment professionals interested in COVID-19's financial consequences. We consider that our study plays a role in the rapid growth of work on COVID-19's financial effects; the literature also focuses on whether bitcoin, oil, and gold as safe haven investments.
Keywords : COVID-19, Safe havens, Bitcoin, Crude oil, Gold prices.