Based on data from the previous year's gold
price, the "GOLD PRICE PREDICTION" project
forecasts the gold EFT price. The primary goal of this
research is to anticipate daily changes in gold rates that
will aid investors in choosing whetherto purchase or sell
gold. Forecasting inventory is essential to the business's
financial performance. Increased investor interest in
gold as an appealing investment has been fueled by price
volatility and declines in other sectors, including the
capital and real estate markets. There is concern that
these exorbitant costs will persist and that they will
decline. Despite the fact that several studies have looked
at the relationship between the price of gold and various
economic factors GOLD PRICE is picked Stock market,
rupee-dollar exchange rate, inflation, and interest rates
are some of the elements that affect it. The study
examined monthly pricing data from January 2008 to
December 2018. The data was further divided into two
periods: period I, from January 2008 to October 2011,
during which the price of gold shows an upward
tendency, and period II, from November 2011 to
December 2018, during which the price of gold shows a
downward trend. These data were analyzed using three
machine learning algorithms: linear regression, random
forest regression, and gradient-boosting regression. It is
discovered that there are high correlations between the
variables during interval I and weak correlations during
interval II. [Arthur, W.B., Holland, J.H., LeBaron, B.,
Palmer, R., and Taylor, P.: Asset pricing under
endogenous expectation in an artificial stock market. in
The Economy as an Evolving Complex System II. Santa
Fe Institute Studies in the Sciences of Complexity
Lecture Notes (1997)] Even though these models exhibit
acceptable data fit during interval I, the fit is poor
during interval II Even though these models exhibit
acceptable data fit during interval I, the fit is poor
during interval II. Gradient boosting regression is shown
to have superior prediction accuracy for the two
intervals when considered separately, however random
forest regression is found to have more accurate
predictions for the total interval.
Keywords :
Gylden, Conjecture, Gulden Prophecy Machine Learning, Supervised Learning, Unsupervised Learning, Reinforcement Learning, Regression Algorithms. Dataset, Training Model, Prediction, Prophecy, EFT