Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.]
Gold investment has currently become the most profitable investment in the market including Malaysia. Introduction of gold saving accounts by major banking institutions in Malaysia is one of the evidences. Therefore, this research is conducted to analyse the possible determinants of gold price fluct...
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my.uitm.ir.827932023-08-17T01:16:09Z https://ir.uitm.edu.my/id/eprint/82793/ Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] eaj Abd Aziz, Nurul Saidatul Qariah Abd Latif, Norfarieha Omar, Nurul Asmaa Abu Hassan Asari, Fadli Fizari Marketing research. Marketing research companies. Sales forecasting Performance standards Gold investment has currently become the most profitable investment in the market including Malaysia. Introduction of gold saving accounts by major banking institutions in Malaysia is one of the evidences. Therefore, this research is conducted to analyse the possible determinants of gold price fluctuation in Malaysia. Selected variables including stock exchange movement, exchange rate, inflation rate and oil price have been analysed. In addition, the most elastic variable that influenced the movement has also has been examined. Using time series analysis, all macroeconomic variables are significant at 1% significance level. Three variables have positive relationships while exchange rate has an inverse relationship. At the same time, exchange rate is the most elastic variable in determining the gold price fluctuation. For future studies, a wider scope is recommended where more determinant factors can be taken into account. This is important, since the public have changed their preferences by investing in gold due to its stability and success in safeguarding the wealth compared to other investment portfolios such as bond and share. 2013 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/82793/1/82793.pdf Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.]. (2013) e-Academia Journal <https://ir.uitm.edu.my/view/publication/e-Academia_Journal/>, 2 (1). pp. 43-50. ISSN 2289 - 6589 https://e-ajuitmct.uitm.edu.my/v3/ |
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Marketing research. Marketing research companies. Sales forecasting Performance standards Abd Aziz, Nurul Saidatul Qariah Abd Latif, Norfarieha Omar, Nurul Asmaa Abu Hassan Asari, Fadli Fizari Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] |
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Gold investment has currently become the most profitable investment in the market including Malaysia. Introduction of gold saving accounts by major banking institutions in Malaysia is one of the evidences. Therefore, this research is conducted to analyse the possible determinants of gold price fluctuation in Malaysia. Selected variables including stock exchange movement, exchange rate, inflation rate and oil price have been analysed. In addition, the most elastic variable that influenced the movement has also has been examined. Using time series analysis, all macroeconomic variables are significant at 1% significance level. Three variables have positive relationships while exchange rate has an inverse relationship. At the same time, exchange rate is the most elastic variable in determining the gold price fluctuation. For future studies, a wider scope is recommended where more determinant factors can be taken into account. This is important, since the public have changed their preferences by investing in gold due to its stability and success in safeguarding the wealth compared to other investment portfolios such as bond and share. |
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Article |
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Abd Aziz, Nurul Saidatul Qariah Abd Latif, Norfarieha Omar, Nurul Asmaa Abu Hassan Asari, Fadli Fizari |
author_facet |
Abd Aziz, Nurul Saidatul Qariah Abd Latif, Norfarieha Omar, Nurul Asmaa Abu Hassan Asari, Fadli Fizari |
author_sort |
Abd Aziz, Nurul Saidatul Qariah |
title |
Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] |
title_short |
Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] |
title_full |
Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] |
title_fullStr |
Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] |
title_full_unstemmed |
Fluctuation of Malaysian gold price / Nurul Saidatul Qariah Abd Aziz ... [et al.] |
title_sort |
fluctuation of malaysian gold price / nurul saidatul qariah abd aziz ... [et al.] |
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2013 |
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https://ir.uitm.edu.my/id/eprint/82793/1/82793.pdf https://ir.uitm.edu.my/id/eprint/82793/ https://e-ajuitmct.uitm.edu.my/v3/ |
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