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The price of gold isn't just based on the broader economy and gold's uses as a material. There are many other factors that dictate gold's perceived value. Investing
Analysis of the effect of macroeconomic variables on fluctuation of future gold market in Iran. The future value of gold coins has received much attention in the world for its risk …
Currency fluctuations have become a common phenomenon in the global trade market, with both positive and negative impacts on various economies and nations. While some countries have been able to leverage volatile exchange rates to enhance their export revenues, others have suffered enormously from the adverse effects of currency …
Notes. 1 The Bretton Woods system—which pegged the U.S. dollar price of gold and, for the most part, fixed ratios between gold and the other main currencies—collapsed in stages because of inherent contradictions in the design of the system. In 1971, the U.S. Gold Window was closed and the fixed price of gold vis-à-vis the dollar ended. We thus begin …
The results of cyclical correlation analysis suggest that oil is pro-cyclical to output, price level, stock market, gold, interest rate and foreign exchange reserves, while it is counter-cyclical to money supply, net exports and exchange rate. Also, it is found that oil Granger causes output, general price level and net exports.
During the Covid-19 pandemic, the gold and oil prices may be having a difference influence on the stock market of different countries. Thus, in this study, the …
Overall, our results suggest that to evaluate the impact of an unexpected change on the price of oil on economic activity, identifying the source of the price of oil fluctuation might be one of ...
This dynamic linkage between exchange rate and stock market has been analyzed considering 15 years of data (from 2010 to 2016) on exchange rate and stock market index related to Indian …
This paper aims to examine the effect of crude oil price volatility, the internet, and inflation on economic growth in ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and ...
The data set used in this study comprises the daily returns for five metals (gold, silver, platinum, palladium and rhodium) and six monthly economic activity …
Findin gs from the study established that Balance of payment exerts negative insignificant effect on economic growth in Nigeria both in the long and s hort run with coefficient estimate of-1. ...
The globalization process brings so many changes to economic factors all over the world. According to the economists, exchange rate fluctuation is one of the indicators of a country's economy that ...
We decompose the variance of oil price fluctuations. Among the structural shocks, the most obvious effect on the fluctuation of oil prices belongs to the shocks of specific demand in the oil market, then the shocks of aggregate economic demand subsequently. The oil supply shocks displays the least effect on the fluctuation of oil …
DOI: 10.29252/JEP.2.1.251 Corpus ID: 233144329; Analysis of the effect of macroeconomic variables on fluctuation of future gold market in Iran …
No longer cheap and reliable, the price of coal in South Africa is rising, and ageing infrastructure is causing the recurring chaos of load shedding.Coal's dominance in South Africa's electricity mix – totalling 90 per cent of electricity generation – means this rising price of coal is making bills more expensive. For our current financial year, the National …
The Economic Fluctuations and Growth Program investigates both long-term trends and short-term fluctuations in aggregate employment, output, and prices. It explores the nature of business cycles, particularly in the United States, as well as the effects of monetary and fiscal policy on economic performance.
First, in contrast to the existing literature that concentrates on the impact of financial or economic factors on the gold market (Kanjilal and Ghosh, 2017; Salisu et al., 2020a; Wang et al., 2016; Yaya et al., 2016), our study is the first to investigate the role of political risk on gold market fluctuations. By including political, financial ...
The indirect effect of currency fluctuations dwarfs the direct effect because of the huge influence it exerts on the economy in both the near term and long term.
What are the effects of exchange rate fluctuation on Nigeria's economic performance? Answering these questions will provide essential insights to the various economic agents such as policymakers, public and private investors, and the nexus between exchange rate and economic performance in Nigeria.
Effects of Currency Fluctuations on Capital Markets. Currency fluctuations can also impact capital markets. Here are some of the effects: 1. Stock Market. Currency fluctuations can impact the stock market, especially for companies that are multinational. A stronger currency can negatively impact these companies' earnings as it makes their ...
With China's continuous economic growth and opening up, oil price fluctuations will have greater impact on China's economic growth and stability, in this paper we take the international oi l price as the research object to specifically measure the impact of oil price on China’s economic growth. E-mail address:[email protected]. …
India being the fourth largest importer of oil 1 and the largest consumer of gold, 2 fluctuations in international prices of oil and gold could have significant impact on currency rate, stock market, and on other economic activities. Oil accounts for 29% of India's total energy consumption and there seems to be no possibility of scaling down on ...
impact on the gold price in Iran market. It seems that in Iran the exchange rate plays an important role in this regard. Also using dynamic simulation for a ten years period, …
The results support that the depreciation of the real effective exchange rate volatility has a contractionary effect on economic growth in West African countries and this contractionary effect ...
Gold ETFs may affect the demand and supply of the gold market. When investors buy shares of a gold ETF, the ETF provider acquires an equivalent amount of physical gold to back those shares. This creates additional demand for gold in the market. Conversely, when investors sell ETF shares, the provider sells the gold, potentially increasing supply.
2012, has significant effect on fluctuations of gold coin price and free market rate of US Dollar in Iran domestic market. ISSN 2278-5612 127 | P a g e June, …
In times of economic collapse, gold has historically proven to be a safe haven, often increasing in value when other assets falter. This trend was evident during the 2008 financial crisis when gold's price rose from around $730 per ounce at the beginning of 2008 to over $1,100 by the end of 2009, demonstrating its resilience amidst financial turmoil.
Torki et al. (2021) studied the effect of inflation, oil price, and liquidity on volatility of futures price of gold in Iran, with the monthly time series data using GARCH …
This research work is centered on the impact of exchange rate fluctuation on the Nigeria's economic growth from 1986 to 2015. The main type of data used in this study is secondary; sourced from ...
future gold market in Iran during the period of 2009-2017. In order imate the model, the effect of each of the variables on the gold coin futures fluctuations is first investigated …
1. Introduction. Gold has been traditionally used by investors as a hedge in portfolio diversification and a safe haven in times of extreme economic and political turbulence and severe market turmoil (Baur & Lucey, 2010; Baur & Mcdermott, 2010; Lau, Vigne, Wang, & Yarovaya, 2017; O'Connor, Lucey, Batten, & Baur, 2015).Gold is also a …
the mechanism of the effect of exchange rate fluctuations on economic growth, a large number of data collected from the World Bank were excluded and screened in this paper, and data
Highlights. •. Quantitative analysis of the impacts of political risk on gold prices. •. Gold is a weak hedge against political risk with a time lag effect. •. The gold market fluctuations have been more influenced by financial speculation. •. The external …
measures of an economy's output or production. It is defined as the total value of goods and services produced within a country's borders in a specific period—monthly, quarterly, or annually. GDP is an accurate indicator of the size of an economy, and the GDP growth rate is probably the single best indicator of economic growth.
The tourism industry is vulnerable to a range of economic and political factors, which can have both short-term and long-term impacts on tourist arrivals. The study aims to investigate the temporal dynamics of these factors and their impact on tourist arrivals. The method employed is a panel data regression analysis, using data from …
The findings reveal that the economic effects of a supply-driven oil price shock differ considerably from those of a demand-driven oil price shock caused by global economic activity, and that these effects differ for oil-importing and energy-exporting nations. ... understanding on impact on the stock market, Kumar (2017) examined the dynamic ...
Between 1836 and 2011, the standard deviation of the annual return on the gold market was 13.7%, which was only 3% below the volatility of the US stock market. It is therefore important to know whether gold market fluctuations are independent of the macroeconomic situation and how macroeconomic factors affect the gold market (Fang …
Because of the need for this product, the oil market is subjected to the market forces of demand and supply, which do lead to the fluctuation in the pricing. Hamilton [ 1 ], Blanchard and Gali [ 2 ], viewed, changes in the price of oil as an imperative source of economic fluctuations, in which the resultant effect led to global shock, …