Improving Prediction of Gold Prices through inclusion of Macroeconomic Variables.

This paper uses a method based on multivariate power-normal distribution for predicting future gold prices in Malaysia. First let r(r) be the vector consisting of the month-/ values of m selected macroeconomic variables, and gold price. The month-(/+l) gold price is then modelled to be dependent on...

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Bibliographic Details

Published in:	Pertanika Journal of Social Sciences & Humanities Vol. 24; pp. 101 - 108
Main Authors:	Beh, W. L., Pooi, A. H.
Format:	Article
Published:	Universiti Putra Malaysia Oct2016 Special Issue
Subjects:	Gold sales & prices Macroeconomics Economic conditions in Malaysia Parsimonious models Prediction models
Online Access:	View this record in EBSCOhost