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Niken Sulistyowati

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Open access Aug 2026

Gold Price Forecast for the Period 2010–2025 Using the ARIMAX–NGARCH Model

Gold prices are influenced by various macroeconomic factors, particularly inflation and the USD/IDR exchange rate, and often exhibit fluctuating movements and volatile behavior over time. These characteristics require forecasting methods that can model both the mean structure and volatility dynamics of the data. This s...

Niken Sulistyowati, M. Idhom, Shindi Shella May Wara · 0 citations

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