The determinants of gold price in Malaysia / Noor Fazirah Embong

Embong, Noor Fazirah (2018) The determinants of gold price in Malaysia / Noor Fazirah Embong. Degree thesis, Universiti Teknologi MARA, Terengganu.
Abstract

Gold price is influenced by several factors in the market. But, none of previous researcher's study relationship between gold price and bond price, treasury bill and short term interest rate. Therefore, the primary goal of this study is to determine the relationship between dependent and independent variables including bond price, commodity price (crude oil price), treasury bill, short term interest rate and the gold price performance in Malaysia. Besides, the study wants to determine which factors that most influences the gold prices in quarterly period from the year 2000 until 2017. The method used in this research is Ordinary Least Squared (OLS) in order to test the data. The data were analyzed by using Economics Views Software (E-Views 10). This research found that bond price, commodity price (crude oil price) and short term interest rate have a significant relationship to the gold price. While, treasury have insignificant relationship to the gold price. Thus, this study is crucial to determine the relationship between gold price and bond price, commodity price (crude oil price), treasury bill, short term interest rate.

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