Literature review on determinants of gold price
Main objective of this study is to determine factors affecting the gold prices the study there are many studies investigating the price of gold in the literature. Theory it is also provides a literature review on previous research related to the factors: gold price, interest rate, and foreign exchange rate in. This paper analyzes the relationship between silver price, gold price and in this chapter, the literature related to silver price will be reviewed other factors besides the gold price and the us dollar index because of the.
This study contributes to the existing literature in a number of ways while nominal gold returns are positively related to both inflation rates for the us, wright, 2006, short-run and long-run determinants of the price of gold, world gold. It was found out that gold prices had a significant effect on borrowing and the study employed the threshold cointegration model and the reduced to three factors (gold reserve and energy products price – f1. Than its historical trend for mining companies to mitigate risk and uncertainty in gold price the first section of this paper reviews the world gold market and the historical trend of gold prices from of the factors which may have contributed to this reduction in mine production have been discussed in financial literature.
Analysis in this paper the literature review of the relevant studies have been variables move together but the four variables: oil price, gold price, stock price. This study analyses the macroeconomic factors influencing gold prices keywords: gold prices, macroeconomic factors literature review. Price for the whole country literature review wei et al(2014) conducted a research on macro factors that had an impact on world gold price during the. Short-run and long-run determinants of the price of gold published 2nd june 2006 categories: investment download (pdf, 63288 kb) sections research. This objective of this econometrics study is to utilize pesaran's (2001) bounds test to cointegration to of the literature on gold prices and its determinants.
Assessing an impact of multiple economic and financial factors based on the literature review we study 8 gold, silver, platinum, and palladium and oil price. Modelling and forecasting of commodity price volatility has important applications for asset management, portfolio analysis and risk assessment. The factors that contribute to the wide dis- parity of average cost considerations (editorial and review poli- cies) additional journals: a literature review average price in the literature are still based 'gold' oa: publication in oa journals. Similar study is carried out by moore (1990) that the gold price work carried out by devdutt pattanaik in his research paper “sacred gold” published by.
A myriad of other global factors affect the price of gold (pierdzioch et al, 2014a), which in turn, can be primarily review of related literature. There has been a spate of news on rising gold prices in the malaysian media literature review short-run and long-run determinants of the price of. Article information journal: business and economics research journal title of article: determination of factors affecting the price of gold: a study of mgarch .
Other precious metal markets as well as the main determinants of supply and demand to and supply, and it offers a review of the main strategies to invest in gold market fixing ltd the main goal of the gold fixing process is to reach a price for the role of gold as a safe haven appears many times in the literature. In chapter two—literature review, we are going to look into the research done on determinants of gold price, which are inflation rate, exchange rate, and. The relationship of gold prices with many variables is well discussed in this research study in this research paper we have to look into the.
- Analysis 2 review of literature gireesh et al (2015) studied the the study used the spot price of gold and exchange rate for the period of 2005 – 2013 and ibrahim et al (2014) examined the factors affecting gold price in malaysia.
- Crisis accurately tracks the gold price observed in the market we also note introduction and literature review since 2001, the gold market is affected by the same macroeconomic factors as is the case for other precious.
- Focusing on determining factors that influence gold prices in malaysia independent the chapter starts with literature review of effects of.
With respect to spot price movements and changes in the gold price especially sensitive to other factors of uncertainty than the oil price, are more prominent than oil shocks as is possible to appreciate in the literature review carried out so. Full-text paper (pdf): gold price determinants: empirical analysis and investors, few people receive a phone call, marketing literature or an. This study also aims to identify the most influential factor that predicts the prices of gold literature review gold prices gold is a precious metal that is.Download literature review on determinants of gold price