Factors that effect the gold price in Malaysia / Sabrina Sanusi

• Main Author: Sanusi, Sabrina
• Format: Thesis
• Language: English
• Published: 2020
• Subjects: Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
• Online Access: https://ir.uitm.edu.my/id/eprint/107267/1/107267.pdf; https://ir.uitm.edu.my/id/eprint/107267/

The precious metal: gold played as a safe haven has influenced the movement of the financial market trend. Consequently, the impact of gold trading and the price of gold substantially influenced the financial system movement. In this context, the gold price will be review and highlighted among the determinants which affect the credibility of the gold price. The main purposes of this study to identify and to meet the desire significant relationship This paper observes the determinants on relationship of gold price and selected factors concentrating specifically in Malaysia from year 2008 to 2018 with a regression model by using Ordinary Least Square (OLS) model in quarterly basis. The determinants are including crude oil price, inflation rate, interest rate and exchange rate against gold price in Malaysia which obtained from secondary data. The data and results will be analyzed and evaluated hence, attributes the results of gold price is determined by selected factors which influenced in financial market trend and contribute in price of gold movement. Hence, according to past studies by previous researcher, it comprehended that crude oil price, inflation rate, interest rate and exchange rate (MYR against USD) showing a significant and positive relationship with the gold price.