Gold Price Determinants: An Empirical Study

Thumbnail Image
Date
2005
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This paper demonstrates an empirical link between gold price, consumer price index, Euro exchange rate, the Brent oil price and the Dow Johns industrial average. The research shows that there is a relationship between the gold price and each of the other variables, each one alone and all together. In the first part, simple regression models are used to find out the relationship between the gold and the other variables. ln the last part of the paper, we do a multiple regression model by taking all the dependent variables together to find their relationship with the gold price, using concurrent economic data from 1997 to 2005.
Description
Keywords
Citation
Sajian, T. (2005). Gold Price Determinants: An Empirical Study (MBA thesis, Haigazian University)