The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam

Gold is a commodity and material that play a significant role in economy. Gold is increasingly valued for its potential to endure financial crises and guard against the rising inflation of fiat currencies. Besides, most central banks primarily reserve gold compared to paper currencies as their monet...

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Main Author: Hizam, Amirah Athileah
Format: Thesis
Language:English
Published: 2022
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Online Access:https://ir.uitm.edu.my/id/eprint/101948/1/101948.pdf
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spelling my-uitm-ir.1019482024-10-28T01:48:27Z The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam 2022 Hizam, Amirah Athileah Macroeconomics Precious metals. Bullion Gold is a commodity and material that play a significant role in economy. Gold is increasingly valued for its potential to endure financial crises and guard against the rising inflation of fiat currencies. Besides, most central banks primarily reserve gold compared to paper currencies as their monetary reserve. Nonetheless, an unexpected Covid-19 outbreak arises, resulting in a decreasing economy and recession. Considering that others financial instrument and macroeconomic factors went downwards, the price of gold may or may not decline as well. Consequently, the objective of this research is to investigate the four macroeconomic factors that influence the gold price. This study involved 10 years' data from 2012 to 2021 to assess the relationship between the GDP growth, stock exchange index, inflation rate and overnight policy rate. These findings will aid individual and corporate investors, policy maker, financial institution, economist and government in making the best decisions and formulating suitable regulations to make better judgments in the future. 2022 Thesis https://ir.uitm.edu.my/id/eprint/101948/ https://ir.uitm.edu.my/id/eprint/101948/1/101948.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Noh, Mohd Khairul Ariff
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Noh, Mohd Khairul Ariff
topic Macroeconomics
Macroeconomics
spellingShingle Macroeconomics
Macroeconomics
Hizam, Amirah Athileah
The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
description Gold is a commodity and material that play a significant role in economy. Gold is increasingly valued for its potential to endure financial crises and guard against the rising inflation of fiat currencies. Besides, most central banks primarily reserve gold compared to paper currencies as their monetary reserve. Nonetheless, an unexpected Covid-19 outbreak arises, resulting in a decreasing economy and recession. Considering that others financial instrument and macroeconomic factors went downwards, the price of gold may or may not decline as well. Consequently, the objective of this research is to investigate the four macroeconomic factors that influence the gold price. This study involved 10 years' data from 2012 to 2021 to assess the relationship between the GDP growth, stock exchange index, inflation rate and overnight policy rate. These findings will aid individual and corporate investors, policy maker, financial institution, economist and government in making the best decisions and formulating suitable regulations to make better judgments in the future.
format Thesis
qualification_level Bachelor degree
author Hizam, Amirah Athileah
author_facet Hizam, Amirah Athileah
author_sort Hizam, Amirah Athileah
title The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
title_short The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
title_full The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
title_fullStr The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
title_full_unstemmed The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
title_sort relationship between gold price and macroeconomic factors / amirah athileah hizam
granting_institution Universiti Teknologi MARA, Johor
granting_department Faculty of Business and Management
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/101948/1/101948.pdf
_version_ 1818588025416843264