{"title":"洞察黄金投资:探索投资者行为","authors":"","doi":"10.46544/ams.v28i4.02","DOIUrl":null,"url":null,"abstract":"A content analysis was conducted to examine factors influencing investor behavior when investing in gold and to look into possible reasons for selling gold. The results showed that investors' needs, return expectations, herding behavior, fear of financial collapse, higher appreciation rate, store of value, and liquidity all significantly impact gold investment decisions. The analysis also identified factors that may lead to selling gold in times of crisis, such as uncertainty caused by the Covid-19 pandemic, perception of gold as a safe haven during global financial instability, rise in the price of gold during crisis periods, its value as a hedging instrument, an essential investment source, protection against inflation, and also as a medium of exchange. An important motive for selling gold during these periods is to flee to safer assets. The research also revealed that although the demand for gold is usually higher in times of economic uncertainty and inflation, cash shortages do not significantly impact the decision to sell gold.","PeriodicalId":50889,"journal":{"name":"Acta Montanistica Slovaca","volume":null,"pages":null},"PeriodicalIF":2.2000,"publicationDate":"2024-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Insights into Gold Investing: Exploring Investor Behavior\",\"authors\":\"\",\"doi\":\"10.46544/ams.v28i4.02\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"A content analysis was conducted to examine factors influencing investor behavior when investing in gold and to look into possible reasons for selling gold. The results showed that investors' needs, return expectations, herding behavior, fear of financial collapse, higher appreciation rate, store of value, and liquidity all significantly impact gold investment decisions. The analysis also identified factors that may lead to selling gold in times of crisis, such as uncertainty caused by the Covid-19 pandemic, perception of gold as a safe haven during global financial instability, rise in the price of gold during crisis periods, its value as a hedging instrument, an essential investment source, protection against inflation, and also as a medium of exchange. An important motive for selling gold during these periods is to flee to safer assets. The research also revealed that although the demand for gold is usually higher in times of economic uncertainty and inflation, cash shortages do not significantly impact the decision to sell gold.\",\"PeriodicalId\":50889,\"journal\":{\"name\":\"Acta Montanistica Slovaca\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":2.2000,\"publicationDate\":\"2024-04-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Acta Montanistica Slovaca\",\"FirstCategoryId\":\"89\",\"ListUrlMain\":\"https://doi.org/10.46544/ams.v28i4.02\",\"RegionNum\":4,\"RegionCategory\":\"地球科学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"GEOSCIENCES, MULTIDISCIPLINARY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Acta Montanistica Slovaca","FirstCategoryId":"89","ListUrlMain":"https://doi.org/10.46544/ams.v28i4.02","RegionNum":4,"RegionCategory":"地球科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"GEOSCIENCES, MULTIDISCIPLINARY","Score":null,"Total":0}
Insights into Gold Investing: Exploring Investor Behavior
A content analysis was conducted to examine factors influencing investor behavior when investing in gold and to look into possible reasons for selling gold. The results showed that investors' needs, return expectations, herding behavior, fear of financial collapse, higher appreciation rate, store of value, and liquidity all significantly impact gold investment decisions. The analysis also identified factors that may lead to selling gold in times of crisis, such as uncertainty caused by the Covid-19 pandemic, perception of gold as a safe haven during global financial instability, rise in the price of gold during crisis periods, its value as a hedging instrument, an essential investment source, protection against inflation, and also as a medium of exchange. An important motive for selling gold during these periods is to flee to safer assets. The research also revealed that although the demand for gold is usually higher in times of economic uncertainty and inflation, cash shortages do not significantly impact the decision to sell gold.
期刊介绍:
Acta Montanistica Slovaca publishes high quality articles on basic and applied research in the following fields:
geology and geological survey;
mining;
Earth resources;
underground engineering and geotechnics;
mining mechanization, mining transport, deep hole drilling;
ecotechnology and mineralurgy;
process control, automation and applied informatics in raw materials extraction, utilization and processing;
other similar fields.
Acta Montanistica Slovaca is the only scientific journal of this kind in Central, Eastern and South Eastern Europe.
The submitted manuscripts should contribute significantly to the international literature, even if the focus can be regional. Manuscripts should cite the extant and relevant international literature, should clearly state what the wider contribution is (e.g. a novel discovery, application of a new technique or methodology, application of an existing methodology to a new problem), and should discuss the importance of the work in the international context.