Abstract
Gold prices have been volatile in recent developments. Therefore, this study will be focusing on determining factors that influence gold prices in United States. Independent variables namely consumer price index (CPI), Brent crude oil price, gross domestic product (GDP), inflation rate, and unemployment rate is included. Yearly data from 1987 to 2017 is collected for this study which is the sample size was 31. I make use of data from the world gold price data and the global economy. Multiple Linear Regression Model is formulated as well to see the results of the model. The results showed that Brent crude oil price and unemployment rate is significant in influencing gold price in United States. However, further improvements can be done to our model in order to get better results in the future.
Metadata
Item Type: | Thesis (Degree) |
---|---|
Creators: | Creators Email / ID Num. Ibrahim, Nurbilah 2016537713 |
Contributors: | Contribution Name Email / ID Num. UNSPECIFIED Abdul Aziz, Nurul Aien UNSPECIFIED |
Subjects: | H Social Sciences > HC Economic History and Conditions > Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class > Unemployment H Social Sciences > HG Finance > Money > Precious metals. Bullion |
Divisions: | Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management |
Programme: | Faculty of Business Management |
Keywords: | Gold price, United States, Consumer price index, Brent crude oil price, Gross domestic product, unemployment rate, UiTM Cawangan Johor Segamat |
Date: | 2018 |
URI: | https://ir.uitm.edu.my/id/eprint/55099 |
Download
55099.pdf
Download (162kB)