Forecasting Oil and Gold Prices with Regime and Structural Demand Features
This study investigates one-step-ahead forecasting of West Texas Intermediate (WTI) crude oil and gold prices over 2018–2025, with out-of-sample evaluation from 2022 to mid-2025. Linear Regression, XGBoost, and Random Forest are compared using feature sets that include cross-market signals, regime indicators, and globa...