Staff View: Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir

Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir

During the occurrence of financial crisis, investors will take gold as an underlying investment as gold are used as an instrument to hedge against inflation. To add, during an uncertainty of the economic condition, investors will flock to gold market as a protection of the uncertainty. The factors s...

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Main Author:	Mohd Nasir, Faiqah Zulaikha
Format:	Thesis
Language:	English
Published:	2017
Subjects:	Finance and cycles. Financial crises. Convergence (Economics) Interest rates Money and prices. Inflation. Deflation. Purchasing power Precious metals. Bullion
Online Access:	https://ir.uitm.edu.my/id/eprint/53152/1/53152.pdf https://ir.uitm.edu.my/id/eprint/53152/
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id	my.uitm.ir.53152
record_format	eprints
spelling	my.uitm.ir.531522022-06-14T04:22:56Z https://ir.uitm.edu.my/id/eprint/53152/ Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir Mohd Nasir, Faiqah Zulaikha Finance and cycles. Financial crises. Convergence (Economics) Interest rates Money and prices. Inflation. Deflation. Purchasing power Precious metals. Bullion During the occurrence of financial crisis, investors will take gold as an underlying investment as gold are used as an instrument to hedge against inflation. To add, during an uncertainty of the economic condition, investors will flock to gold market as a protection of the uncertainty. The factors specifically influencing the gold price is unknown before, during and after the financial crisis. The main objective of this study is to examine the significant relationship between the economic factors with gold price before, during and after the financial crisis period in Malaysia. This study uses time-series data and OLS method. The period of the study encompass 9 years period which have include the year of 2004 to 2006 as the period before the financial crisis, the year of 2007 to 2009 as the period during the financial crisis and the year of 2010 to 2012 as the period of after the financial crisis. This study is conducted by using the monthly data basis. The sample data were sourced from Asia Regional Integration Center, Bloomberg Platform and International Monetary Fund. In this study, gold price is taken as the dependent variable. To measure the relationship towards gold price, interest rates, exchange rates, inflation rates and crude oil prices has been selected as the independent variables. From this study, exchange rates are found to have a negative significant relationship with gold price in the three crisis period which defines that exchange rates have an inverse relationship with gold price. As for after the financial crisis, inflation rates are found to have a positive significant relationship towards gold price while crude 0il prices are found to have a significantly negative relationship with gold price. 2017 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/53152/1/53152.pdf Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir. (2017) Degree thesis, thesis, Universiti Teknologi MARA Johor.
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	Finance and cycles. Financial crises. Convergence (Economics) Interest rates Money and prices. Inflation. Deflation. Purchasing power Precious metals. Bullion
spellingShingle	Finance and cycles. Financial crises. Convergence (Economics) Interest rates Money and prices. Inflation. Deflation. Purchasing power Precious metals. Bullion Mohd Nasir, Faiqah Zulaikha Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir
description	During the occurrence of financial crisis, investors will take gold as an underlying investment as gold are used as an instrument to hedge against inflation. To add, during an uncertainty of the economic condition, investors will flock to gold market as a protection of the uncertainty. The factors specifically influencing the gold price is unknown before, during and after the financial crisis. The main objective of this study is to examine the significant relationship between the economic factors with gold price before, during and after the financial crisis period in Malaysia. This study uses time-series data and OLS method. The period of the study encompass 9 years period which have include the year of 2004 to 2006 as the period before the financial crisis, the year of 2007 to 2009 as the period during the financial crisis and the year of 2010 to 2012 as the period of after the financial crisis. This study is conducted by using the monthly data basis. The sample data were sourced from Asia Regional Integration Center, Bloomberg Platform and International Monetary Fund. In this study, gold price is taken as the dependent variable. To measure the relationship towards gold price, interest rates, exchange rates, inflation rates and crude oil prices has been selected as the independent variables. From this study, exchange rates are found to have a negative significant relationship with gold price in the three crisis period which defines that exchange rates have an inverse relationship with gold price. As for after the financial crisis, inflation rates are found to have a positive significant relationship towards gold price while crude 0il prices are found to have a significantly negative relationship with gold price.
format	Thesis
author	Mohd Nasir, Faiqah Zulaikha
author_facet	Mohd Nasir, Faiqah Zulaikha
author_sort	Mohd Nasir, Faiqah Zulaikha
title	Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir
title_short	Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir
title_full	Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir
title_fullStr	Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir
title_full_unstemmed	Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir
title_sort	gold price performance during financial crisis : evidence from malaysia / faiqah zulaikha mohd nasir
publishDate	2017
url	https://ir.uitm.edu.my/id/eprint/53152/1/53152.pdf https://ir.uitm.edu.my/id/eprint/53152/
_version_	1736837241912688640
score	13.211869

Gold price performance during financial crisis : evidence from Malaysia / Faiqah Zulaikha Mohd Nasir

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