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Analysis factors affecting gold price in Vietnam - Using the vector autoregressive model (VAR)

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The author build and use the vector autoregressive model (VAR) to discover factors affecting the gold price in Vietnam and the impact of each factor. Data research used in this study were monthly data for the period December 2000 to December 2019, including 10 variables. The results show that the current gold price in Vietnam is mostly affected by its historical prices, and is also affected by four other factors: world gold price, investors’ expectations, foreign exchange rate, and M2 money supply.
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Analysis factors affecting gold price in Vietnam - Using the vector autoregressive model (VAR)

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