Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee

Gold is the precious things in the world among humanity. There are many factors that affect the Gold price in the world. The study is to observe about the selected factor that affect gold price in Indonesia. Gold Price is choose as the dependent variable. Meanwhile, there are three macroeconomic var...

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Main Author: Zulkiflee, Nurul Raihan
Format: Student Project
Language:English
Published: 2020
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Online Access:https://ir.uitm.edu.my/id/eprint/48598/1/48598.pdf
https://ir.uitm.edu.my/id/eprint/48598/
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spelling my.uitm.ir.485982021-09-20T05:05:11Z https://ir.uitm.edu.my/id/eprint/48598/ Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee Zulkiflee, Nurul Raihan Interest rates Foreign exchange. Foreign exchange rates Gold is the precious things in the world among humanity. There are many factors that affect the Gold price in the world. The study is to observe about the selected factor that affect gold price in Indonesia. Gold Price is choose as the dependent variable. Meanwhile, there are three macroeconomic variables selected to act as an independent variable namely Interest Rate, Inflation Rate, and Exchange Rate. In this study, a time series analysis is conducted by utilizing secondary data monthly from January 2014 to December 2019. The data technique used was Descriptive Analysis, Test of Assumption, and Multiple Regression method. The result identified that among the three independent variables in this study, it indicates that the Inflation Rate is positively significant with the Gold Price in Indonesia. However, the Interest Rate positively correlate with the Gold Price but not significant factors towards the Gold Price. The exchange rate have negatively significant towards Gold Price in Indonesia. The significant of the study will give benefits and acknowledge the community especially the investors and entrepreneurs. As for the future research, the others microeconomics should be added with the longer time series observation. The data structure should be in quarterly or annually to get the accurate result. 2020-10 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/48598/1/48598.pdf ID48598 Zulkiflee, Nurul Raihan (2020) Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee. [Student Project]
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Interest rates
Foreign exchange. Foreign exchange rates
spellingShingle Interest rates
Foreign exchange. Foreign exchange rates
Zulkiflee, Nurul Raihan
Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee
description Gold is the precious things in the world among humanity. There are many factors that affect the Gold price in the world. The study is to observe about the selected factor that affect gold price in Indonesia. Gold Price is choose as the dependent variable. Meanwhile, there are three macroeconomic variables selected to act as an independent variable namely Interest Rate, Inflation Rate, and Exchange Rate. In this study, a time series analysis is conducted by utilizing secondary data monthly from January 2014 to December 2019. The data technique used was Descriptive Analysis, Test of Assumption, and Multiple Regression method. The result identified that among the three independent variables in this study, it indicates that the Inflation Rate is positively significant with the Gold Price in Indonesia. However, the Interest Rate positively correlate with the Gold Price but not significant factors towards the Gold Price. The exchange rate have negatively significant towards Gold Price in Indonesia. The significant of the study will give benefits and acknowledge the community especially the investors and entrepreneurs. As for the future research, the others microeconomics should be added with the longer time series observation. The data structure should be in quarterly or annually to get the accurate result.
format Student Project
author Zulkiflee, Nurul Raihan
author_facet Zulkiflee, Nurul Raihan
author_sort Zulkiflee, Nurul Raihan
title Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee
title_short Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee
title_full Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee
title_fullStr Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee
title_full_unstemmed Factors affecting gold price in Indonesia / Nurul Raihan Zulkiflee
title_sort factors affecting gold price in indonesia / nurul raihan zulkiflee
publishDate 2020
url https://ir.uitm.edu.my/id/eprint/48598/1/48598.pdf
https://ir.uitm.edu.my/id/eprint/48598/
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score 13.211869