Executive Summary

This project aims to analyze various factors that affect the gold pricing, and that gold price does not only depend on supply and demand, as most commonly thought. Based on the results achieved, this project will develop a model to predict gold prices and infer if gold is a good investment. For the analysis, we took the monthly values of various macroeconomic factors like gold prices, oil prices, inflation, Dollar VS Euro exchange rate and production of world gold. We started with linear regression and changed it to non-linear model based on significance levels of the independent variables, and came up with an equation that can predict gold price. Based on the historical and ongoing trends, we concluded with the suggestion that Gold is still a good investment choice.

Introduction

Gold, one of the most precious metals known to man, was used by many economies as the currency standard due to its rarity, durability, easy divisibility, and the general ease of......

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Title: Is It Worth It
Approximate Word Count: 2138
Approximate Pages: 9 (250 words per double-spaced page)

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