The relationship between gold price with oil price, interest rate, value of us dollar and central bank gold reserve / Natasha Hafiza Hussain

Hussain, Natasha Hafiza (2012) The relationship between gold price with oil price, interest rate, value of us dollar and central bank gold reserve / Natasha Hafiza Hussain. [Student Project] (Submitted)

Abstract

Nowadays, there is fluctuating movements of gold prices. This problem gives an idea to the researcher to find out the factors that influenced the movements of gold prices. Thus, the purpose of this study is to find out the factors that influence the gold price. Hence, the researcher chooses four independent variables which are oil price, interest rate, the value of the US dollar and also central bank gold reserve. This study involves secondary data taken for 20 years based on monthly basis. Analysis methods used to find the results include descriptive analysis, regression analysis and also hypotheses testing. Based on the results, there is a relationship between the gold price with oil price, interest rate, the value of the US dollar and also central bank gold reserves. Oil price and central bank gold reserve indicates a positive relationship with gold price meanwhile US dollar and interest rate indicates a negative relationship to the gold price. Therefore, changes in oil price, interest rate, US dollar and central bank gold reserve will change the gold price. Hence, the researcher recommends to use this study to understand and make predictions of movements of gold prices. In reality, we unable to control the gold price, oil price, interest rate, US dollar and central bank gold reserve, but to the investors especially, they can use the information to make predictions and able them to minimize the loss. The researcher hopes that this study can give information and benefits to those who read it

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Hussain, Natasha Hafiza
2009140023
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Yusoff, Asry
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Banking
H Social Sciences > HG Finance > Banking > Interest rates. Interest tables
H Social Sciences > HG Finance > Money > Money market
H Social Sciences > HG Finance > Money > Money and prices. Inflation. Deflation. Purchasing power
H Social Sciences > HG Finance > Money > Precious metals. Bullion
Divisions: Universiti Teknologi MARA, Kelantan > Kota Bharu Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (HONS) Finance
Keywords: Gold price, oil price, interest rate, US dollar and central bank gold reserve
Date: June 2012
URI: https://ir.uitm.edu.my/id/eprint/41971
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