| dc.description.abstract | This study is also conducted in order to examine the interaction between stock price
and world gold price in order to conclude the impact of one of the macroeconomics to the
stock price. In this study, exactly 261 stock prices and gold prices are conducted, from 2015
to 2019. After completing the collection, the data time series is transferred to logarithm
before being applied the Unit root tests are conducted to examine the stationary of data. Next,
the Unit Root Test, The Johansen co-integration test and Granger causality test are supported
to find out the relationship of two variables. At the result, it is authenticated that there is the
long run equilibrium between gold and stock market. The empirical result also shows the
nonexistence of causal relationship between gold and stock prices in Vietnamese market. | en_US |
