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FACTORS AFFECTING GOLD PRICES BECAUSE OF COVID 19 IN MALAYSIA There are many factors which have an impact over the pricesofgoldinMalaysiaandtheseneedstobe evaluated. These factors are as follows- Inflation rates Interest rates Exchange rates Crude oil prices Inflation rates This affects the prices of gold as the inflation rises and at the same time the value of currency has decreased. Thus,becauseofthisthepeoplearenotin position of purchasing the gold and hold it for longer period of time. Thus, when the inflation is high then at that time the people are not able to manage the purchase of gold. Interest rates There is negative relation among the interest rate and gold and when the interest rates increase then at that time the economy becomes strong. Further when interest rate increases then at that time people uses gold as hedge fund against inflationandtrytoinvestinfixedincome investment and not in gold. Exchange rates Due to the current COVID 19 the trade relation among the countries has been affected to a great extent and because of this the gold business has been affected to a great extent. Thus, thisfluctuationin the exchangerateshas resulted in the decrease in business of gold. Crude oil This also has direct and indirect cost impact over gold and its purchase. The higher the oil price will be then it will result in high gold price as well. The major reason is that both the gold and oil price are related to one another. Future of gold is a very fluctuating and this has a great impact over the demand and supply of the gold ascurrentlythereislessflowofmoneyinthe economy. The reason underlying this is because of COVID 19 the flow of money with people and in economy has misbalanced. REFERENCES Online EconomicforcesongoldpriceinMalaysia.2018. [Online]. Available through: < https://journale- academiauitmt.uitm.edu.my/v2/images/vol7issu e2/PID188- ECONOMICFORCESONGOLDPRICEINMA