沈阳工业大学学报（社会科学版）2016，Vol.9Issue(6)：519-524,6.DOI:10.7688/j.issn.1674-0823.2016.06.06
黄金价格影响因素的实证分析∗
Empirical analysis on influencing factors of gold price
摘要
Abstract
For the purpose of studying the main influencing factors of gold price at present stage, qualitative analysis is conducted firstly according to the previous trends of gold price and impact variables, and then the main influencing factors of gold price at present stage are selected based on related theories. The monthly data from January, 2001 to March, 2016 are selected, and empirical analysis is conducted by establishing VAR model. The study finds that:the inflation rate has not correlation to gold price at that stage; the US Dollar Index and Federal Benchmark Interest Rate have negative correlation with gold price, in which US Dollar Index has the greatest influence on gold price; the Dow Jones Industrial Average and the price of crude oil have positive correlation with gold price.关键词
黄金价格/影响因素/向量自回归模型/通货膨胀率/美元指数/联邦基金利率/道琼斯工业指数/原油价格Key words
gold price/influencing factor/VAR model/inflation rate/US Dollar Index/Federal Benchmark Interest Rate/Dow Jones Industrial Average/price of crude oil分类
管理科学引用本文复制引用
滕永平,薄艳婷..黄金价格影响因素的实证分析∗[J].沈阳工业大学学报（社会科学版）,2016,9(6):519-524,6.基金项目
辽宁省财政科研基金项目(15B03)。 （15B03）
