Modelling the glitter in gold
Interim status: Citation only
Kumar, K., Rajaguru, G. & Shrivastava, S. (2009). Modelling the glitter gold. Advances and applications in statistics, 13(2), 225-239.
Access the Journal's homepage
2009 HERDC submission. FoR code: 0104
© Copyright 2009 Pushpa Publishing House
Academics have found it particularly challenging to develop parsimonious models that can accurately model and forecast gold price. One of the reasons could be the complex nature of gold market fundamentals. Arguing that the key to forecasting gold prices lies in analyzing the factors that generate investment demand (as opposed to gold supply and fabrication demand), we empirically validate a model that factors in consumer sentiments, interest rates, returns on stock market, and oil prices. Our findings indicate that although gold price has significant correlation with all these four variables, interest rate and consumer sentiments are only significant predictors of the gold price.
Kuldeep Kumar, Gulasekaran Rajaguru, and Samir Shrivastava. "Modelling the glitter in gold" Advances and applications in statistics 13.2 (2009): 225-239.
Available at: http://works.bepress.com/gulasekaran_rajaguru/10
This document is currently not available here.