Determinants of gold price: case of Malaysia / Muhammad Tarmizzi Abd Manaf

This paper is to examine the factor that affecting the prices of gold in Malaysia. Using inflation rate, with the proxy of GDP deflator (annual %), crude oil price (Malaysian ringgit per barrel) and exchange rate (USD/MYR) as the variable. The data covers 10 years period starting from 2010 until 201...

Full description

Saved in:
Bibliographic Details
Main Author: Abd Manaf, Muhammad Tarmizzi
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/63454/1/63454.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper is to examine the factor that affecting the prices of gold in Malaysia. Using inflation rate, with the proxy of GDP deflator (annual %), crude oil price (Malaysian ringgit per barrel) and exchange rate (USD/MYR) as the variable. The data covers 10 years period starting from 2010 until 2019. This study employ ordinary least square method (OLS) and found that exchange rate, inflation rate and crude oil price have significant impact on gold price.