Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan.
The gold price has risen recently after the United States implemented a drastic monetary action by reducing the interest rate to almost zero to cushion the effect of Covid-19 pandemic on the economy. However, what has triggered the gold price could be beyond Covid-19. Therefore, this study examines...
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA Selangor
2020
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| Online Access: | https://ir.uitm.edu.my/id/eprint/32113/1/AJ_ZAIMY%20JOHANA%20JOHAN%20JEEIR%20B%2020.pdf |
| _version_ | 1825737508768448512 |
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| author | Johan, Zaimy Johana |
| author_facet | Johan, Zaimy Johana |
| author_sort | Johan, Zaimy Johana |
| collection | UITM |
| description | The gold price has risen recently after the United States implemented a drastic monetary action by reducing the interest rate to almost zero to cushion the effect of Covid-19 pandemic on the economy. However, what has triggered the gold price could be beyond Covid-19. Therefore, this study examines the factors influencing customers’ preference in gold investment (Gold-i). Applying a purposive sampling technique; 100 out of 110 questionnaires were usable and further analysed using SPSS v. 22.Two variables; inflation and income growth are significant while the interest rate is not significant with Gold-i preference. Since interest raterelates to the strength of US Dollar, central bank reserves and investment demand, it could be postulated that during the study in 2019, interest rate and the gold price had risen in tandem. This research further enrichesknowledge and contributes to the advancement of research in goldinvestment, hence enabling researchers, bankers, investors, tradepolicymakers to understand further the investment in Gold-i duringeconomic crises, in particular the current recession triggered by theCovid-19 pandemic. |
| first_indexed | 2024-03-06T02:19:12Z |
| format | Article |
| id | oai:ir.uitm.edu.my:32113 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T02:19:12Z |
| publishDate | 2020 |
| publisher | Universiti Teknologi MARA Selangor |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:321132020-07-14T04:40:42Z https://ir.uitm.edu.my/id/eprint/32113/ Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. jeeir Johan, Zaimy Johana Income. Factor shares Entrepreneurship. Property The gold price has risen recently after the United States implemented a drastic monetary action by reducing the interest rate to almost zero to cushion the effect of Covid-19 pandemic on the economy. However, what has triggered the gold price could be beyond Covid-19. Therefore, this study examines the factors influencing customers’ preference in gold investment (Gold-i). Applying a purposive sampling technique; 100 out of 110 questionnaires were usable and further analysed using SPSS v. 22.Two variables; inflation and income growth are significant while the interest rate is not significant with Gold-i preference. Since interest raterelates to the strength of US Dollar, central bank reserves and investment demand, it could be postulated that during the study in 2019, interest rate and the gold price had risen in tandem. This research further enrichesknowledge and contributes to the advancement of research in goldinvestment, hence enabling researchers, bankers, investors, tradepolicymakers to understand further the investment in Gold-i duringeconomic crises, in particular the current recession triggered by theCovid-19 pandemic. Universiti Teknologi MARA Selangor 2020-05 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32113/1/AJ_ZAIMY%20JOHANA%20JOHAN%20JEEIR%20B%2020.pdf Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. (2020) Journal of Emerging Economies & Islamic Research <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_=26_Islamic_Research/>, 8 (2). pp. 1-11. ISSN 2289-2559 |
| spellingShingle | Income. Factor shares Entrepreneurship. Property Johan, Zaimy Johana Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. |
| title | Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. |
| title_full | Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. |
| title_fullStr | Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. |
| title_full_unstemmed | Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. |
| title_short | Investors with the Golden-I: preference in Gold-I investment / Zaimy Johana Johan. |
| title_sort | investors with the golden i preference in gold i investment zaimy johana johan |
| topic | Income. Factor shares Entrepreneurship. Property |
| url | https://ir.uitm.edu.my/id/eprint/32113/1/AJ_ZAIMY%20JOHANA%20JOHAN%20JEEIR%20B%2020.pdf |
| work_keys_str_mv | AT johanzaimyjohana investorswiththegoldenipreferenceingoldiinvestmentzaimyjohanajohan |