Macroeconomics factors that affecting the gold price fluctuations in Malaysia / Siti Afira Roslan

• Main Author: Roslan, Siti Afira
• Format: Thesis
• Language: English
• Published: 2021
• Subjects: Macroeconomics; Precious metals. Bullion
• Online Access: https://ir.uitm.edu.my/id/eprint/104611/1/104611.pdf; https://ir.uitm.edu.my/id/eprint/104611/

This research is about the macroeconomic factors that affecting the gold price fluctuations in Malaysia. The sample for this study is concentrate on the Gold Price Index Malaysia and the sample review period is four years data from 2016 to 2019 and the total observations is 48. The objective of this research is to find out the effect of factors that influence the fluctuations of gold price in Malaysia. Regarding this study, there are many factors that affecting to the price of gold in Malaysia, among them are interest rate, inflation rate and exchange rate. Furthermore, data collection is very important part of completing research reports. In this study, a multiple regression model was used to analyse the relationship between each factor to the dependent variables which is gold price that will be measured by using the Malaysia Gold Price Index. A solid understanding of this of this discussion will be very extremely useful especially to the managers of the company who will be the person in charge in determining the type of financing that the company should use in order to maximize or minimize its return and to the investors also to find out the fluctuations of the price of gold according to the situation involved. They others studies found that interest rate and exchange rate has a negative relationship effect on gold price while inflation rate have a positive relationship effect on gold price in Malaysia. In short, through this research will show that the impact on gold price fluctuations refers to several macroeconomic indicators involved.