Abstract
Gold has become one of the most popular and secures type of investment in our country. However, the price of gold shows a high level of volatility. This paper aims to explore the use of Fuzzy Analytic Hierarchy Process (FAHP) in evaluating and ranking the Malaysian gold price fluctuation factors. Nevertheless, there are not many researches have been done on FAHP method in gold price analysis. Hence, FAHP as tools of measurement have been applied to evaluate, compare, and rank the gold price fluctuation factors. Specifically, four factors that contribute to the volatility of gold price are determined from experts. The factors are currency exchange, demand, inflation and mining. The evaluation of FAHP shows that the highest value of normalized weight was 0.6892 for the currency factor. This study concludes that the most important factor that affects the gold price change is the currency exchange.
Metadata
| Item Type: | Article |
|---|---|
| Creators: | Creators Email / ID Num. Mahat, Norpah norpah020@uitm.edu.my Yusuf, Aini Mardhiah UNSPECIFIED Raseli, Siti Sarah UNSPECIFIED |
| Subjects: | Q Science > QA Mathematics > Elementary mathematics. Arithmetic Q Science > QA Mathematics > Analysis Q Science > QA Mathematics > Instruments and machines |
| Divisions: | Universiti Teknologi MARA, Perlis > Arau Campus > Faculty of Computer and Mathematical Sciences |
| Journal or Publication Title: | Journal of Computing Research and Innovation (JCRINN) |
| UiTM Journal Collections: | UiTM Journal > Journal of Computing Research and Innovation (JCRINN) |
| ISSN: | 2600-8793 |
| Volume: | 6 |
| Number: | 1 |
| Page Range: | pp. 88-96 |
| Keywords: | Gold price, Fuzzy Analytic Hierarchy Process, Factors |
| Date: | March 2021 |
| URI: | https://ir.uitm.edu.my/id/eprint/47089 |
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