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The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran

The aim of this study is to examine the factors that are influencing the gold price in Malaysia. In this study, the price of gold is chosen as the dependent variable, while the independent variables used are Gross Domestic Income (GDP), Crude Palm Oil (CPC), Exchange rate (ER), Interest Rate (IR) an...

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Main Author: Wakiran, Nurhazirah Nabihah
Format: Thesis
Language:English
Published: 2022
Online Access:https://ir.uitm.edu.my/id/eprint/98251/1/98251.pdf
https://ir.uitm.edu.my/id/eprint/98251/
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spelling my.uitm.ir.982512024-09-25T09:11:44Z https://ir.uitm.edu.my/id/eprint/98251/ The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran Wakiran, Nurhazirah Nabihah The aim of this study is to examine the factors that are influencing the gold price in Malaysia. In this study, the price of gold is chosen as the dependent variable, while the independent variables used are Gross Domestic Income (GDP), Crude Palm Oil (CPC), Exchange rate (ER), Interest Rate (IR) and Inflation Rate (INF). Annual data is gathered over the period 1981 to 2020. The data is gathered from data stream, world data bank and Bank Negara Malaysia. A multiple linear regression is used in this study. In addition, econometric tests are employed to observe the relationship of the economic variables to the price of gold in Malaysia such as unit root test, normality test, serial correlation, heteroscedasticity, covariance analysis, multicollinearity and ramsey reset test. Interactive software package E-view would be used for testing and analyzing the data collected. The expected result from this study is that there is a significant relationship between gold price in Malaysia with Exchange rate (ER), Interest Rate (IR) and Inflation Rate (INF). On the other hand, Gross Domestic Income (GDP) and Crude Palm Oil (CPO) has no significant relationship with the gold price in Malaysia. 2022-08 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/98251/1/98251.pdf The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran. (2022) 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
description The aim of this study is to examine the factors that are influencing the gold price in Malaysia. In this study, the price of gold is chosen as the dependent variable, while the independent variables used are Gross Domestic Income (GDP), Crude Palm Oil (CPC), Exchange rate (ER), Interest Rate (IR) and Inflation Rate (INF). Annual data is gathered over the period 1981 to 2020. The data is gathered from data stream, world data bank and Bank Negara Malaysia. A multiple linear regression is used in this study. In addition, econometric tests are employed to observe the relationship of the economic variables to the price of gold in Malaysia such as unit root test, normality test, serial correlation, heteroscedasticity, covariance analysis, multicollinearity and ramsey reset test. Interactive software package E-view would be used for testing and analyzing the data collected. The expected result from this study is that there is a significant relationship between gold price in Malaysia with Exchange rate (ER), Interest Rate (IR) and Inflation Rate (INF). On the other hand, Gross Domestic Income (GDP) and Crude Palm Oil (CPO) has no significant relationship with the gold price in Malaysia.
format Thesis
author Wakiran, Nurhazirah Nabihah
spellingShingle Wakiran, Nurhazirah Nabihah
The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran
author_facet Wakiran, Nurhazirah Nabihah
author_sort Wakiran, Nurhazirah Nabihah
title The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran
title_short The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran
title_full The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran
title_fullStr The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran
title_full_unstemmed The determinant of gold price in Malaysia / Nurhazirah Nabihah Wakiran
title_sort determinant of gold price in malaysia / nurhazirah nabihah wakiran
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/98251/1/98251.pdf
https://ir.uitm.edu.my/id/eprint/98251/
_version_ 1811598091792416768
score 13.211869

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