The Determinants of gold price / Nur Izzati Syazwani Abdul Rahman

Abdul Rahman, Nur Izzati Syazwani (2014) The Determinants of gold price / Nur Izzati Syazwani Abdul Rahman. [Student Project] (Submitted)

Abstract

Gold is the most popular investment of the precious metals. Gold is often used as a safe
investment against currency, social, economic, or political crises. Throughout history, gold has
been used as money, and everything else was measured in gold. This research therefore, was
conducted in objective to determine the determinants of gold price. For this purpose, the
researcher used secondary data, which is the data, are collected from Bloomberg and Bank
Negara Malaysia Statistic. The factors that were selected in this study are called as independent
variables. There are five independent variables which are inflation rate, interest rate, exchange
rate, KLCI and crude palm oil (CPO) price. Therefore, the study is to examine the determinants
that affect the fluctuation of gold price by using monthly data from January 2010 to September
2014. The multiple linear regressions are used in this study to assess the relationship between
dependent variable (gold price) and the independent variables (inflation rate, interest rate,
exchange rate, KLCI, and CPO price. The main findings suggest that the gold price is determined
by these variables.

Metadata

Item Type:	Student Project
Creators:	Creators Email / ID Num. Abdul Rahman, Nur Izzati Syazwani UNSPECIFIED
Subjects:	H Social Sciences > HB Economic Theory. Demography > Price H Social Sciences > HG Finance > Investment, capital formation, speculation
Divisions:	Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Keywords:	Gold; investment; UiTM Cawangan Johor
Date:	December 2014
URI:	https://ir.uitm.edu.my/id/eprint/20956