The Effect of Gold Price on Profit Achievement at PT. Pegadaian (Persero) Maros Branch, South Sulawesi

Authors

  • Rachmawaty Kadir Universitas Patompo Author
  • Andi Naila Quin Azisah Alisyahbana Universitas Patompo Author
  • Fajriani Azis Universitas Negeri Makassar Author

DOI:

https://doi.org/10.61220/famj.v1i1.202305

Keywords:

Gold price, Profit achievement

Abstract

The purpose of this research is to determine the effect of gold prices on profit achievement at PT Pengadaian (Persero) Maros Branch, South Sulawesi. This type of research is quantitative in nature explanatory. The population is the financial statements, and the sample is the profit and loss of PT. Pegadaian Maros Branch during the period 2018 - 2022. The data analysis technique used is simple linear regression with the help of the SPSS program. The results showed that the price of gold had a positive and significant effect on the profit achievement of PT. Pegadaian (Persero) Maros Branch South Sulawesi. This means that the price of gold is able to make a significant contribution to the achievement of the profit of PT. Pegadaian (Persero) Maros Branch South Sulawesi. Given the gold price factor that greatly affects the achievement of profit, PT. Pegadaian Maros Branch Sul-Sel needs to pay attention to pricing activities that will be carried out so that consumers and potential consumers / buyers know and understand the ups and downs of gold prices in PT. Pegadaian Maros Branch so as to increase the achievement of future profits.

References

Adhianto, R. D. (2023). Pengaruh Harga Emas, Bunga KPR, Kurs Terhadap Harga Saham PT BTPN Syariah 2021-20220. Jurnal E-Bis, 7(1), 261-276.

Albaity, M., Saadaoui Mallek, R., & Mustafa, H. (2023). Heterogeneity of investor sentiment, geopolitical risk and economic policy uncertainty: do Islamic banks differ during COVID-19 pandemic?. International Journal of Emerging Markets.

Bossman, A., Gubareva, M., & Teplova, T. (2023). EU sectoral stocks amid geopolitical risk, market sentiment, and crude oil implied volatility: an asymmetric analysis of the Russia-Ukraine tensions. Resources Policy, 82, 103515.

Dhanabhakyam, M., & Monish, P. (2018). A Study on Impact of Crude Oil Price in the Price of Gold. International Journal of Current Research in Multidisciplinary (IJCRM), 10(2), 30-35.

Emmrich, O., & McGroarty, F. J. (2013). Should gold be included in institutional investment portfolios?. Applied Financial Economics, 23(19), 1553-1565.

Fanning, K., & Centers, D. P. (2016). Blockchain and its coming impact on financial services. Journal of Corporate Accounting & Finance, 27(5), 53-57.

Greiner, R., Puig, J., Huchery, C., Collier, N., & Garnett, S. T. (2014). Scenario modelling to support industry strategic planning and decision making. Environmental modelling & software, 55, 120-131.

Jain, A., & Biswal, P. C. (2016). Dynamic linkages among oil price, gold price, exchange rate, and stock market in India. Resources Policy, 49, 179-185.

Kristhy, M. E., Oktalita, S., Yonathan, S., Ba, T. S., & Hikmah, W. N. (2022). Keuntungan investasi emas antam di masa pandemi COVID-19. Jurnal Komunitas Yustisia, 5(1), 388-399.

Livieris, I. E., Pintelas, E., & Pintelas, P. (2020). A CNN–LSTM model for gold price time-series forecasting. Neural computing and applications, 32, 17351-17360.

O'Connor, F. A., Lucey, B. M., Batten, J. A., & Baur, D. G. (2015). The financial economics of gold—A survey. International Review of Financial Analysis, 41, 186-205.

Purnamasari, D., & Sukmana, R. (2017). Pengaruh Harga Emas Dunia, Harga Minyak Mentah Dunia Dan Indeks Produksi Industri Terhadap Indeks Saham Di Jakarta Islamic Index (JII) dalam Jangka Panjang Dan Jangka Pendek (Periode Januari 2005-Desember 2015). Jurnal Ekonomi Syariah Teori Dan Terapan, 4(7), 315269.

Rosiyani, N., & Hasyim, F. (2021). Analisis Pengaruh Minat Generasi Milenial Dalam Menggunakan Produk Tabungan Emas di Pegadaian Syariah. JEKSYAH Islamic Economics Journal, 1(02), 65-79.

Sari, J. D. P., & Azzafira, S. A. (2021). Analisis pengaruh pendapatan dan pengetahuan terhadap minat calon nasabah berinvestasi emas di Pegadaian Syariah. Jurnal Investasi Islam, 6(2), 95-117.

Schmidbauer, H., & Rösch, A. (2018). The impact of festivities on gold price expectation and volatility. International Review of Financial Analysis, 58, 117-131.

Su, C. W., Pang, L., Umar, M., & Lobonţ, O. R. (2022). Will gold always shine amid world uncertainty?. Emerging Markets Finance and Trade, 58(12), 3425-3438.

Yousef, I., & Shehadeh, E. (2020). The impact of COVID-19 on gold price volatility. International Journal of Economics and Business Administration, 8(4), 353-364.

Downloads

Published

2023-06-30

Issue

Vol. 1 No. 1 (2023): FAMJ, June 2023

Section

Articles

License

Copyright (c) 2023 Fundamental and Applied Management Journal

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.