Macroeconomic determinant that affect gold price in Malaysia / Ainul Kamalia Abd Rahman

Abd Rahman, Ainul Kamalia (2019) Macroeconomic determinant that affect gold price in Malaysia / Ainul Kamalia Abd Rahman. [Student Project]


Gold is a precious metal which serves as both financial and real assets. The value of gold in the society goes more than just economic, as it is also treasured as a storage and display of mammon and culture. Of late, the price of gold is not stable in which it tends unstable on the economic condition. As gold prices have been showing volatility in their prices for recent years, this study intends to see what variables will
influence gold price movements in Malaysia. Therefore this study will be focusing on determining factors that influence gold prices in Malaysia. Independent variables namely Malaysia is Inflation, Exchange Rate, Interest Rate and Crude Oil Price is included. This paper seeks to examine the selected macroeconomics determinant that affect gold price in Malaysia for the time period of Jan 2014- Dec 2018, This study used the Simple And Multiple Linear Regression, Ordinary Least Square (OLS), Correlation Analysis, Modified Cointegration Approach, Forecast Error Data, Cointegration Test, Responses Surface Methodology. The findings of this study have been found to confirm the previously presented experimental test results and to be valid for the gold market in Malaysia. For this reason, researchers from many
countries, including Malaysia, have taken on their quest to discover the factors that influence gold prices in Malaysia as well as the causes of their movements. With a great desire to follow their path, the researcher has decided to conduct a study titled "Macroeconomic determinant that affect gold price in Malaysia".


Item Type: Student Project
Email / ID Num.
Abd Rahman, Ainul Kamalia
Email / ID Num.
Thesis advisor
Uteh, Nor Fazlin
Subjects: H Social Sciences > HD Industries. Land use. Labor > Petroleum industry and trade
H Social Sciences > HG Finance > Interest rates
Divisions: Universiti Teknologi MARA, Johor > Pasir Gudang Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (Hons) Finance
Keywords: Gold price, Interest rate, Inflation rate, Crude oil price, UiTM Pasir Gudang
Date: December 2019
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