The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam
Gold is a commodity and material that play a significant role in economy. Gold is increasingly valued for its potential to endure financial crises and guard against the rising inflation of fiat currencies. Besides, most central banks primarily reserve gold compared to paper currencies as their monet...
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| Format: | Thesis |
| Language: | en |
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2022
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| Online Access: | https://ir.uitm.edu.my/id/eprint/101948/1/101948.pdf https://ir.uitm.edu.my/id/eprint/101948/ |
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| _version_ | 1833322153225748480 |
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| author | Hizam, Amirah Athileah |
| author_facet | Hizam, Amirah Athileah |
| author_sort | Hizam, Amirah Athileah |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | Gold is a commodity and material that play a significant role in economy. Gold is increasingly valued for its potential to endure financial crises and guard against the rising inflation of fiat currencies. Besides, most central banks primarily reserve gold compared to paper currencies as their monetary reserve. Nonetheless, an unexpected Covid-19 outbreak arises, resulting in a decreasing economy and recession. Considering that others financial instrument and macroeconomic factors went downwards, the price of gold may or may not decline as well. Consequently, the objective of this research is to investigate the four macroeconomic factors that influence the gold price. This study involved 10 years' data from 2012 to 2021 to assess the relationship between the GDP growth, stock exchange index, inflation rate and overnight policy rate. These findings will aid individual and corporate investors, policy maker, financial institution, economist and government in making the best decisions and formulating suitable regulations to make better judgments in the future. |
| format | Thesis |
| id | my.uitm.ir-101948 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2022 |
| record_format | eprints |
| spelling | my.uitm.ir-1019482024-10-28T01:48:27Z https://ir.uitm.edu.my/id/eprint/101948/ The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam Hizam, Amirah Athileah Macroeconomics Precious metals. Bullion Gold is a commodity and material that play a significant role in economy. Gold is increasingly valued for its potential to endure financial crises and guard against the rising inflation of fiat currencies. Besides, most central banks primarily reserve gold compared to paper currencies as their monetary reserve. Nonetheless, an unexpected Covid-19 outbreak arises, resulting in a decreasing economy and recession. Considering that others financial instrument and macroeconomic factors went downwards, the price of gold may or may not decline as well. Consequently, the objective of this research is to investigate the four macroeconomic factors that influence the gold price. This study involved 10 years' data from 2012 to 2021 to assess the relationship between the GDP growth, stock exchange index, inflation rate and overnight policy rate. These findings will aid individual and corporate investors, policy maker, financial institution, economist and government in making the best decisions and formulating suitable regulations to make better judgments in the future. 2022 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/101948/1/101948.pdf The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam. (2022) Degree thesis, thesis, Universiti Teknologi MARA, Johor. |
| spellingShingle | Macroeconomics Precious metals. Bullion Hizam, Amirah Athileah The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam |
| title | The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam |
| title_full | The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam |
| title_fullStr | The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam |
| title_full_unstemmed | The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam |
| title_short | The relationship between gold price and macroeconomic factors / Amirah Athileah Hizam |
| title_sort | relationship between gold price and macroeconomic factors / amirah athileah hizam |
| topic | Macroeconomics Precious metals. Bullion |
| url | https://ir.uitm.edu.my/id/eprint/101948/1/101948.pdf https://ir.uitm.edu.my/id/eprint/101948/ |
| url_provider | http://ir.uitm.edu.my/ |