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The Study Of International Gold Price Based On Comprehensive And Fuzzy Approach

Posted on:2012-06-23Degree:MasterType:Thesis
Country:ChinaCandidate:C B LiuFull Text:PDF
GTID:2219330338463441Subject:Finance
Abstract/Summary:PDF Full Text Request
Different from the general merchandise, gold was discovered to have the commodity, currency and financial attributes, but its financial and commodity attributes in different historical stages of development showed a different role and influence. With the rapid development of modern industry and technology, the application of gold in these areas gradually expand, so far, gold jewelry, industrial applications,international reserves and the application of investment still account for an important position. Acc- urate grasp of the international gold price regardless of a country, a business or perso- nal, it is very important. However, to accurately grasp the international gold price is not a simple matter, the past few decades, the price of gold the ups and downs.At present, many foreign scholars of international gold prices on the factors that were studied, obtained a number of significant conclusions with evidence. However, current research is only in the gold price and some influencing factors (mostly economic indicators) correlation analysis, through the influence factors to analyze the chan- ges in gold price. In this paper, learn from previous research results have been based on theoretical analysis and empirical analysis using a combination of methods, a more comprehensive selection of the factors that influence the price of gold and give the weight of each factor must, learn from the level of analysis Satty thinking, the classification of various factors, as indicators of a multi-level factor model, using the gray mathematics membership values of the indicators and other mathematical tools to quantify the results of aggregate indicators to arrive at the gold price trend judgments.This article consists of six chapters:the first chapter expounds the background, purpose and significance, and research ideas, methods, and innovations. Chapter 2 reviews the current literatures on the price of gold.Chapter 3 introduces the major international gold markets and the international gold price formation mechanism. Chapter 4 analyzes the correlation between gold price and a few main factors, which also provides a quantitative basis for the following comprehensive analysis The fifth chapter is the theoretical part of the paper, this assumption, analytical methods, analytical tools and so on. Chapter 6 uses the theoretical tools of Chapter 5 and combined with the specific circumstances of the gold market to study the international gold price.
Keywords/Search Tags:gold price, membership, gray, comprehensive evaluation
PDF Full Text Request
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