| Nowadays, the gold is becoming a scarce resource. Compared with previous years, the exploration of the value effect has had 40% decline. According to a new report from the World Gold Council, we can see central banks to keep buying gold, India and China in 2015, the demand is still very strong. And the reason why gold is respected by the people is originated from the nature of the gold itself decided, it has the stability of the physics, chemistry and scarcity and non renewable, it has the attributes of a currency, with reserves of hedging and the stability of the value of properties. This is also the reason why the central bank to increase the amount of gold reserves.This paper selects the gold reserves and gold demand data in 2015, the domestic spot price of gold and its impact factor data for statistical analysis from March 2003 to September 2015. First of all, the use of cluster analysis to classify each country. Secondly, the use of influence regression analysis to find the desired, and the use of time series analysis individually analyze the impact factors on the domestic spot price of gold. Thirdly, establishing ARIMA model to forecast the domestic gold spot price. Finally, according to the analysis results are presented with reference to suggestions. |
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