Gold Price, Inflation, and Dollar Exchange Rate: The Case of Gold Investment in Indonesia

被引:0
|
作者
Rahmansyah, Ilyas Chaidir [1 ]
Rani, Lina Nugraha [1 ]
机构
[1] Univ Airlangga, Fac Econ & Business, Surabaya, Indonesia
关键词
Gold Price; Inflation; Dollar Exchange; Gold Stock Price;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper aims to investigate the relationship between gold price, inflation and the dollar exchange rate on gold stock price of PT Aneka Tambang Indonesia. The ARDL time series model is used in the study involving PT Aneka Tambang Indonesia from December 2016 to November 2019. The findings show the price of gold doesn't have a significant effect on the gold stock price while dollar exchange rate and inflation have a negative effect on the short and long term of the gold stock price of PT Aneka Tambang Indonesia.
引用
收藏
页码:37 / 47
页数:11
相关论文
共 50 条
  • [21] Determinants of the Gold Futures Price Volatility: The Case of Thailand Futures Exchange
    Jongadsayakul, Woradee
    APPLIED ECONOMICS JOURNAL, 2014, 21 (01): : 59 - 78
  • [22] Exchange Rate, Gold Price, and Stock Market Nexus: A Quantile Regression Approach
    Ali, Rizwan
    Mangla, Inayat Ullah
    Rehman, Ramiz Ur
    Xue, Wuzhao
    Naseem, Muhammad Akram
    Ahmad, Muhammad Ishfaq
    RISKS, 2020, 8 (03) : 1 - 16
  • [23] Does gold hedge stock market, inflation and exchange rate risks? An econometric investigation
    Iqbal, Javed
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2017, 48 : 1 - 17
  • [24] The monetary model of the exchange rate under high inflation - The case of the Turkish Lira US dollar
    Civcir, I
    FINANCE A UVER, 2003, 53 (3-4): : 113 - 129
  • [25] The price of gold and the exchange rates: Once again
    Sjaastad, Larry A.
    RESOURCES POLICY, 2008, 33 (02) : 118 - 124
  • [26] Asymmetric impact of oil price and exchange rate on disaggregation price inflation
    Husaini, Dzul Hadzwan
    Lean, Hooi Hooi
    RESOURCES POLICY, 2021, 73
  • [27] US inflation and the dollar exchange rate: a vector error correction model
    Kim, KH
    APPLIED ECONOMICS, 1998, 30 (05) : 613 - 619
  • [28] The threshold effect of market sentiment and inflation expectations on gold price
    Huang, Xiaoyong
    Jia, Fei
    Xu, Xiangyun
    Shi, Yu
    RESOURCES POLICY, 2019, 62 : 77 - 83
  • [29] The Price Linkage between Oil, Gold, Stock and Exchange Rate Based on Vine Copula
    Sun, Huan
    5TH ANNUAL INTERNATIONAL CONFERENCE ON MATERIAL ENGINEERING AND APPLICATION (ICMEA 2018), 2019, 484
  • [30] Gold, inflation and exchange rate in dollarized economies - A comparative study of Turkey, Peru and the United States
    Sui, Meng
    Rengifo, Erick W.
    Court, Eduardo
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2021, 71 : 82 - 99