Title: Gold Price, Inflation, And Dollar Exchange Rate: The Case Of Gold Investment In Indonesia
Authors:
- Ilyas Chaidir Rahmansyah
- Lina Nugraha Rani
Department: Ekonomi Islam
Journal Name: Indonesian Capital Market Review
Kinds of Journal: Sinta 2
Keywords: Gold Price; Inflation; Dollar Exchange; Gold Stock Price
Abstract:
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.
For details: https://scholarhub.ui.ac.id/cgi/viewcontent.cgi?article=1126&context=icmr
