{"title":"分析影响马来西亚黄金价格的因素","authors":"Sahaida Laily Md Hashim","doi":"10.35631/aijbes.411002","DOIUrl":null,"url":null,"abstract":"Gold, a valuable and precious metal has been served as property and financial assets despite their uprising in prices. The price of gold keeps increasing in the long-run, however quite fluctuate and volatile in short-run. This paper inspired to identify the factors which influences the gold price in Malaysia with selected macroeconomics determinants such as inflation rate, interest rate and exchange rate in yearly period from 1980 until 2020. In achieving the objectives of this study, some diagnostic tests along with regression analysis were run and data analysed using STATA software. The findings reveal that inflation and exchange rate were significantly influenced the price of gold, while interest rate is statistically insignificant.","PeriodicalId":347485,"journal":{"name":"Advanced International Journal of Business, Entrepreneurship and SMEs","volume":"12 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"ANALYSIS ON FACTORS INFLUENCE THE PRICE OF GOLD IN MALAYSIA\",\"authors\":\"Sahaida Laily Md Hashim\",\"doi\":\"10.35631/aijbes.411002\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Gold, a valuable and precious metal has been served as property and financial assets despite their uprising in prices. The price of gold keeps increasing in the long-run, however quite fluctuate and volatile in short-run. This paper inspired to identify the factors which influences the gold price in Malaysia with selected macroeconomics determinants such as inflation rate, interest rate and exchange rate in yearly period from 1980 until 2020. In achieving the objectives of this study, some diagnostic tests along with regression analysis were run and data analysed using STATA software. The findings reveal that inflation and exchange rate were significantly influenced the price of gold, while interest rate is statistically insignificant.\",\"PeriodicalId\":347485,\"journal\":{\"name\":\"Advanced International Journal of Business, Entrepreneurship and SMEs\",\"volume\":\"12 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-03-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Advanced International Journal of Business, Entrepreneurship and SMEs\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.35631/aijbes.411002\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Advanced International Journal of Business, Entrepreneurship and SMEs","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.35631/aijbes.411002","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
ANALYSIS ON FACTORS INFLUENCE THE PRICE OF GOLD IN MALAYSIA
Gold, a valuable and precious metal has been served as property and financial assets despite their uprising in prices. The price of gold keeps increasing in the long-run, however quite fluctuate and volatile in short-run. This paper inspired to identify the factors which influences the gold price in Malaysia with selected macroeconomics determinants such as inflation rate, interest rate and exchange rate in yearly period from 1980 until 2020. In achieving the objectives of this study, some diagnostic tests along with regression analysis were run and data analysed using STATA software. The findings reveal that inflation and exchange rate were significantly influenced the price of gold, while interest rate is statistically insignificant.