THE EFFECT OF THE S&P 500 ON GOLD PRICES

Jona Puci, Albana Demi and Artemisa Pjeshka
Additional contact information
Jona Puci: Canadian Institute of Technology, Tirana, Albania
Albana Demi: University “Aleksander Moisiu”, Durres, Albania
Artemisa Pjeshka: Canadian Institute of Technology, Tirana, Albania

Journal of Financial and Monetary Economics, 2022, vol. 10, issue 1, 308-313

Abstract: The purpose of this project is to provide a better understanding of how S&P affected Gold prices from 2009-2022 and to analyze and see the correlation between S&P 500 and Gold prices with each other. This study will use regression analysis in excel as the ultimate indicator to measure and interpret the correlation between the two variables. From the analysis, we conclude that there is a weak positive correlation between gold prices and S&P prices. Despite, during this timeline, it was shown that the variables moved also in opposite directions, the model presented in this study is relevant as the Significance P suggests that the model is significant.

Keywords: Gold prices; S&P 500; correlation; and regression (search for similar items in EconPapers)
JEL-codes: C5 G1 G2 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol10i1p308-313.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:10:y:2022:i:1:p:308-313

Access Statistics for this article

More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC.
Bibliographic data for series maintained by Daniel Mateescu ().