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
来源：
INDONESIAN CAPITAL MARKET REVIEW | 2021年 / 13卷 / 01期
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
  • [31] EXCHANGE-RATE DYNAMICS - CASE OF DOLLAR
    SAU, R
    ECONOMIC AND POLITICAL WEEKLY, 1993, 28 (26) : 1394 - 1395
  • [32] Asymmetric volatility spillovers and dynamic correlations between crude oil price, exchange rate and gold price in BRICS
    Chen, Yufeng
    Xu, Jing
    Hu, May
    Resources Policy, 2022, 78
  • [33] Asymmetric volatility spillovers and dynamic correlations between crude oil price, exchange rate and gold price in BRIGS
    Chen, Yufeng
    Xu, Jing
    Hu, May
    RESOURCES POLICY, 2022, 78
  • [34] Study on the nonlinear interactions among the international oil price, the RMB exchange rate and China's gold price
    Zhang, Zitao
    Qin, Yun
    RESOURCES POLICY, 2022, 77
  • [35] Modeling the relationship among the stock market, gold price, oil price and exchange rate: A VECM and VDA approach
    Agrawal, Pravin Kumar
    Kumar, Mohit
    FINANCIAL INTERNET QUARTERLY, 2025, 21 (01) : 1 - 14
  • [36] One gold, two currencies: Price discovery between spot exchange rate and implied exchange rate derived from futures
    Chang, Matthew C.
    Hung, Jui-Cheng
    Chiu, Chien-Liang
    International Journal of Information and Management Sciences, 2013, 24 (01): : 23 - 38
  • [37] Gold as a Hedge against Inflation: The Vietnamese Case
    Le Long, Hau
    De Ceuster, Marc J. K.
    Annaert, Jan
    Amonhaemanon, Dalina
    INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS (ICOAE) 2013, 2013, 5 : 502 - 511
  • [38] The Dollar Exchange Rate as a Global Risk Factor: Evidence from Investment
    Avdjiev, Stefan
    Bruno, Valentina
    Koch, Catherine
    Shin, Hyun Song
    IMF ECONOMIC REVIEW, 2019, 67 (01) : 151 - 173
  • [39] DOUBLE-EAGLES + RISKS IN 20-DOLLAR-GOLD-COIN INVESTMENT
    DUTHY, R
    CONNOISSEUR, 1985, 215 (884): : 126 - &
  • [40] RELATIONSHIP BETWEEN THE BRENT OIL PRICE AND THE US DOLLAR EXCHANGE RATE
    Krkoskova, Radmila
    PRAGUE ECONOMIC PAPERS, 2020, 29 (02): : 187 - 206
12345