The analysis of factors affecting price of selected commodities

Research background: Commodities are attractive investment opportunities and objects of many researches. Traditional most stable seem to be precious metals gold silver. In the global world where anyone can access information in seconds it is crucial know background price development order make right decision. Purpose article: This paper focuses on international commodity exchanges analyzes factors affecting prices selected commodities. It offers a summary recent studies continues with an analysis relevant Methods: After collecting data testing their consistency we construct two hypothesis models. Using linear regression model test appropriateness models which constructed for each commodity. Subsequently, statistical significance individual explanatory variables, such as dollar exchange rate, VIX, CPI, DJIA, DAX or oil price. Additionally, take into consideration not traditional e.g. Bitcoin. Findings & Value added: Finally evaluation results carried out influence variables quantified. For instance, negative impact VIX rate observed period time was confirmed. Given fact that there various other influencing silver this serves basis further direction.