Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    Can gold prices forecast the Australian dollar movements?

    197566_197566.pdf (262.1Kb)
    Access Status
    Open access
    Authors
    Apergis, Nicholas
    Date
    2014
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Apergis, Nicholas. 2014. Can gold prices forecast the Australian dollar movements? International Review of Economics and Finance. 29: pp. 75-82.
    Source Title
    International Review of Economics and Finance
    DOI
    10.1016/j.iref.2013.04.004
    ISSN
    1059-0560
    Remarks

    NOTICE: this is the author’s version of a work that was accepted for publication in International Review of Economics and Finance. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in International Review of Economics and Finance, Vol. 29 (2014). DOI: 10.1016/j.iref.2013.04.004

    URI
    http://hdl.handle.net/20.500.11937/4847
    Collection
    • Curtin Research Publications
    Abstract

    This paper explores whether gold prices have a reliable out-of-sample relationship with the Australian dollar/US dollar nominal and real exchange rates using daily and quarterly data, respectively, spanning the period 2000–2012. Through an Error Correction Model (ECM), the empirical findings suggest that the out-of-sample predictive ability is strong and robust across short- and long-run horizons. The results could offer informational availability for monetary policymakers, hedge fund managers and international portfolio managers. They also provide additional support to the hypothesis that both markets are driven by the same information sets.

    Related items

    Showing items related by title, author, creator and subject.

    • Relationship between the gold price and the Australian dollar - US dollar exchange rate
      Haque, M.; Topal, Erkan; Lilford, E. (2015)
      The 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 Australian minerals industry ...
    • A new MIP model for mine equipment scheduling by minimizing maintenance cost
      Topal, Erkan; Ramazan, S. (2010)
      Mining investment has been recognized as capital intensive due mainly to the cost of large equipment. Equipment capital costs for a given operation are usually within the order of hundreds of million dollars but may reach ...
    • Do Market Fundamentals Determine the Dollar-Euro Exchange Rate?
      Apergis, Nicholas; Zestos, G.; Shaltayev, D. (2012)
      The study searches for an optimal Dollar–Euro exchange rate policy for the US and the Euro Area (EA) countries. To achieve this, it explores the causal links between the US Dollar–Euro exchange rate and three key macroeconomic ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.