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    Shubham Kumar
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    This statistical model found that increases in oil prices and the consumer price index are positively associated with increases in the price of gold at statistically significant levels, while increases in the 10-year Treasury bond yield are negatively associated with increases in the price of gold at a statistically significant level. The model has a high R-squared value, indicating it fits the data well in explaining changes in the price of gold based on changes in oil prices, inflation, and bond yields.

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    This statistical model found that increases in oil prices and the consumer price index are positively associated with increases in the price of gold at statistically significant levels, while increases in the 10-year Treasury bond yield are negatively associated with increases in the price of gold at a statistically significant level. The model has a high R-squared value, indicating it fits the data well in explaining changes in the price of gold based on changes in oil prices, inflation, and bond yields.

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    15 views1 page

    Untitled

    Uploaded by

    Shubham Kumar
    This statistical model found that increases in oil prices and the consumer price index are positively associated with increases in the price of gold at statistically significant levels, while increases in the 10-year Treasury bond yield are negatively associated with increases in the price of gold at a statistically significant level. The model has a high R-squared value, indicating it fits the data well in explaining changes in the price of gold based on changes in oil prices, inflation, and bond yields.

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    of 1

    ===============================================

    Dependent variable:
    ---------------------------
    GOLD model
    -----------------------------------------------
    OIL 3.233***
    (0.391)

    CPI 11.384***
    (0.402)

    tenYR -184.913***
    (13.099)

    Constant -1,291.947***
    (99.783)

    -----------------------------------------------
    Observations 107
    R2 0.910
    Adjusted R2 0.908
    Residual Std. Error 73.797 (df = 103)
    F Statistic 348.381*** (df = 3; 103)
    ===============================================
    Note: *p<0.1; **p<0.05; ***p<0.01

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