Standaard Boekhandel gebruikt cookies en gelijkaardige technologieën om de website goed te laten werken en je een betere surfervaring te bezorgen.
Hieronder kan je kiezen welke cookies je wilt inschakelen:
Technische en functionele cookies
Deze cookies zijn essentieel om de website goed te laten functioneren, en laten je toe om bijvoorbeeld in te loggen. Je kan deze cookies niet uitschakelen.
Analytische cookies
Deze cookies verzamelen anonieme informatie over het gebruik van onze website. Op die manier kunnen we de website beter afstemmen op de behoeften van de gebruikers.
Marketingcookies
Deze cookies delen je gedrag op onze website met externe partijen, zodat je op externe platformen relevantere advertenties van Standaard Boekhandel te zien krijgt.
Je kan maximaal 250 producten tegelijk aan je winkelmandje toevoegen. Verwijdere enkele producten uit je winkelmandje, of splits je bestelling op in meerdere bestellingen.
Bottom line of this work is the awareness that gold investment demand is on the rise due to several features making this metal a profitable investment during negative economic periods. Therefore comes the need to forecast its futures price movements in a more accurate way, considering actors (and factors) whose importance has recently grown. In particular, purpose of the research was to throw light on the role Investment Banks cover in gold derivatives' market as major actors in developing and issuing this form of investment as well as direct speculators, understanding whether and in which manner their action can explain gold long-run price fluctuations. The empirical analysis was carried out building a Multiple Linear Regression (MLR) model relating gold price (GP) to several independent variables. The final model obtained adds Gold Lease Rate (GLR) and Volume of speculative investments from Banks(COTcom) to the traditional variables used to explain gold price, demonstrating, with the 87,13% of variance explained, that the influence of Investment Banks in gold's price is a real phenomenon both from the supply and demand side of the market.