The relationship of gold with stock market and macroeconomic variable: the case of Malaysia stock exchange / Noor Syafiqah Parsat

Gold prices are crucial for hedging inflation and as a safe haven asset. Gold prices fluctuate owing to supply and demand. Looking at previous gold prices may offer you with knowledge that will assist you in making better purchase and selling decisions. Several factors have impacted the price of gol...

Full description

Saved in:
Bibliographic Details
Main Author: Parsat, Noor Syafiqah
Format: Thesis
Language:English
Published: 2022
Online Access:https://ir.uitm.edu.my/id/eprint/98610/1/98610.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Gold prices are crucial for hedging inflation and as a safe haven asset. Gold prices fluctuate owing to supply and demand. Looking at previous gold prices may offer you with knowledge that will assist you in making better purchase and selling decisions. Several factors have impacted the price of gold during the last several decades. Central bank purchases, inflation, geopolitics, monetary policy, equity markets, and other variables may have contributed to large price swings in golds's history. The pearson Correlation Test was performed to investigate the ralationship between the variables in this study. Following that, a Multiple Linear Regression Test was performed to determine the significance and impact of the stock market and selected macroeconomic factors on the gold price from 2016 to 2020. Overall, most of the results in the paper consist of previous studies where there is significant impact on gold price by stock market and inflation rate.