Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan

This study examines the relationship between three macroeconomic variables and gold price in Malaysia from January 2011 until December 2015 which contains monthly set of data of 60 observations. This research was conducted by way of quantitative research method by utilizing the secondary data collec...

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Main Author: Mohd Azuan, Nurul Amira
Format: Thesis
Language:English
Published: 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/93743/1/93743.pdf
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spelling my-uitm-ir.937432024-04-17T03:40:25Z Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan 2019 Mohd Azuan, Nurul Amira Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product This study examines the relationship between three macroeconomic variables and gold price in Malaysia from January 2011 until December 2015 which contains monthly set of data of 60 observations. This research was conducted by way of quantitative research method by utilizing the secondary data collected from Thomson Reuters Eikon and Index Mundi. According to president of Malaysian Indian Goldsmiths and Jewelers Association, the price of gold hit a low point in 2014, dropping from RM180 per gram to RM130 per gram. This research employs Ordinary Least Square (OLS) to determine statistical relationship. From the result, it is found that exchange rate and crude oil price were determined to have a positive relationship with gold price. However, inflation has a negative relationship with gold price. Finding shows that exchange rate is the most significant factor in influencing the gold price in Malaysia. In meanwhile, the other variable such as inflation and crude oil prices indicate the expected significant. 2019 Thesis https://ir.uitm.edu.my/id/eprint/93743/ https://ir.uitm.edu.my/id/eprint/93743/1/93743.pdf text en public degree Universiti Teknologi MARA, Terengganu Faculty Of Business Management Mohamad Azmin, Nur Azwani
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Mohamad Azmin, Nur Azwani
topic Income
Income distribution
National income
Including gross national product, gross domestic product, and gross state product
spellingShingle Income
Income distribution
National income
Including gross national product, gross domestic product, and gross state product
Mohd Azuan, Nurul Amira
Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan
description This study examines the relationship between three macroeconomic variables and gold price in Malaysia from January 2011 until December 2015 which contains monthly set of data of 60 observations. This research was conducted by way of quantitative research method by utilizing the secondary data collected from Thomson Reuters Eikon and Index Mundi. According to president of Malaysian Indian Goldsmiths and Jewelers Association, the price of gold hit a low point in 2014, dropping from RM180 per gram to RM130 per gram. This research employs Ordinary Least Square (OLS) to determine statistical relationship. From the result, it is found that exchange rate and crude oil price were determined to have a positive relationship with gold price. However, inflation has a negative relationship with gold price. Finding shows that exchange rate is the most significant factor in influencing the gold price in Malaysia. In meanwhile, the other variable such as inflation and crude oil prices indicate the expected significant.
format Thesis
qualification_level Bachelor degree
author Mohd Azuan, Nurul Amira
author_facet Mohd Azuan, Nurul Amira
author_sort Mohd Azuan, Nurul Amira
title Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan
title_short Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan
title_full Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan
title_fullStr Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan
title_full_unstemmed Determinants of gold price ln Malaysia / Nurul Amira Mohd Azuan
title_sort determinants of gold price ln malaysia / nurul amira mohd azuan
granting_institution Universiti Teknologi MARA, Terengganu
granting_department Faculty Of Business Management
publishDate 2019
url https://ir.uitm.edu.my/id/eprint/93743/1/93743.pdf
_version_ 1804889898719641600