Can gold hedge against inflation? an empirical analysis in Malaysia

The purpose of this study is to examine the role of gold price to hedge against inflation in Malaysia. Previous studies stated that gold price can maintain its purchasing power and able to hedge against inflation. Malaysian database from 1967 to 2011 was used where gold price, consumer price index,...

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Main Author:	Izaan Azyan Abdul Jamil
Format:	Thesis
Language:	English English
Published:	2014
Subjects:	HG201-1496 Money
Online Access:	https://eprints.ums.edu.my/id/eprint/37454/1/24%20PAGES.pdf https://eprints.ums.edu.my/id/eprint/37454/2/FULLTEXT.pdf
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id	my-ums-ep.37454
record_format	uketd_dc
spelling	my-ums-ep.374542023-10-02T07:25:32Z Can gold hedge against inflation? an empirical analysis in Malaysia 2014 Izaan Azyan Abdul Jamil HG201-1496 Money The purpose of this study is to examine the role of gold price to hedge against inflation in Malaysia. Previous studies stated that gold price can maintain its purchasing power and able to hedge against inflation. Malaysian database from 1967 to 2011 was used where gold price, consumer price index, real interest rate, real income, and real exchange rate as variables in this research. The main finding in this study indicates that gold price has a relationship with domestic inflation in the short and long run. Other than that, gold price quoted in Ringgit also able to hedge against inflation in the long run. Thus, the main finding in this study could benefit both Malaysian Monetary and Investment Authority in hedging Inflation. 2014 Thesis https://eprints.ums.edu.my/id/eprint/37454/ https://eprints.ums.edu.my/id/eprint/37454/1/24%20PAGES.pdf text en public https://eprints.ums.edu.my/id/eprint/37454/2/FULLTEXT.pdf text en validuser masters Universiti Malaysia Sabah Faculty of Business, Economics and Accounting
institution	Universiti Malaysia Sabah
collection	UMS Institutional Repository
language	English English
topic	HG201-1496 Money
spellingShingle	HG201-1496 Money Izaan Azyan Abdul Jamil Can gold hedge against inflation? an empirical analysis in Malaysia
description	The purpose of this study is to examine the role of gold price to hedge against inflation in Malaysia. Previous studies stated that gold price can maintain its purchasing power and able to hedge against inflation. Malaysian database from 1967 to 2011 was used where gold price, consumer price index, real interest rate, real income, and real exchange rate as variables in this research. The main finding in this study indicates that gold price has a relationship with domestic inflation in the short and long run. Other than that, gold price quoted in Ringgit also able to hedge against inflation in the long run. Thus, the main finding in this study could benefit both Malaysian Monetary and Investment Authority in hedging Inflation.
format	Thesis
qualification_level	Master's degree
author	Izaan Azyan Abdul Jamil
author_facet	Izaan Azyan Abdul Jamil
author_sort	Izaan Azyan Abdul Jamil
title	Can gold hedge against inflation? an empirical analysis in Malaysia
title_short	Can gold hedge against inflation? an empirical analysis in Malaysia
title_full	Can gold hedge against inflation? an empirical analysis in Malaysia
title_fullStr	Can gold hedge against inflation? an empirical analysis in Malaysia
title_full_unstemmed	Can gold hedge against inflation? an empirical analysis in Malaysia
title_sort	can gold hedge against inflation? an empirical analysis in malaysia
granting_institution	Universiti Malaysia Sabah
granting_department	Faculty of Business, Economics and Accounting
publishDate	2014
url	https://eprints.ums.edu.my/id/eprint/37454/1/24%20PAGES.pdf https://eprints.ums.edu.my/id/eprint/37454/2/FULLTEXT.pdf
_version_	1783727540292026368

Can gold hedge against inflation? an empirical analysis in Malaysia

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