Gold price and exchange rateStationary and non-stationary testsThe United States (US) dollar-based gold price and the exchange rate between the Australian dollar and the US dollar (AUD/USD) have a combined and significant impact on both the trend of the Australia...
dollar index are independence in the extreme.doi:10.1007/978-3-319-03395-2_29Mutita KaewkheawPisit LeeahtamChukiat ChaiboosriSpringer International PublishingAdvances in Intelligent Systems & ComputingAn Analysis of Relationship between Gold Price and US Dollar Index by Using Bivariate Extreme Value ...
Traditionally, however, gold and the U.S. dollar are considered to have an inverse relationship — meaning that the price of gold tends to be stronger when the dollar is weak and vice versa. This is partly because gold is priced in U.S. dollars on global markets, so changes to the dol...
While the relationship between thevalue of the U.S. dollarand gold is important, the dollar is not the only factor that affects the price of the precious metal. Other factors that affect the value of both gold and the dollar are interest rates, inflation, monetary policy, and supply and ...
Firstly, we examine the impact of macroeconomic uncertainty on short and long correlation between gold and the dollar. Secondly, we analyse the explanatory power of economic uncertainty for the abnormal market relation between gold and the dollar with a threshold model. In particular, we investigate...
With gold having such a sensitive relationship with U.S. interest rates, the opportunity cost of keeping the yellow metal is lifted, if the dollar is boosted, since the metal is priced by USD. In other metals, plat...
the relationship has strayed far from this average. While oil prices recently set an all-time high of $56 per barrel, gold prices have not kept pace and the oil:gold ratio fell to an all-time low of 7.5:1. At US$56 per barrel oil, the gold price should be in excess of US$840 ...
As such, gold tends to havean inverse relationshipwith the US dollar. As the strength of the US dollar rises, gold prices tend to dip. This is why many gold investors keep track of the US dollar and Foreign Exchange (Forex) rates ...
Gold has a long-standing relationship with the U.S. dollar, and, over the long term, gold will generally have an inverse relationship. With instability in the market, it is common to hear talk of creating another gold standard, but it is not a flawless system....
The motivation behind this empirical study is to examine the relationship between gold price and exchange rate of ASEAN major currencies such as Malaysian Ringgit (MYR/USD), Singapore Dollar (SGD/USD), and Thai Bath (THB/USB) against the US dollar. Gold price is primarily dominated in US ...