Abstract:Investors and collectors hold gold as protection for their savings and wealth atlarge. Gold does not pay interest like treasure bonds or savings accounts, but current goldprices often reflect increases and decreases of an asset. This research aims to provide amodel for the relationship between the exchange rate, which is vital in exporting gold, andgold prices across countries. The Australia, Brazil, and South Africa exchange rates areused as a case study against the gold price. The ARIMA model is used for for… Show more
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.