Gold price analysis forecast 2022

How to get gold data from yahoo finance in python?

 start='2010-01-01',

 end='2021-08-11',

 adjusted=True,

 progress=False

 How to get  Gold price analysis chart?

Describe data table

OpenHighLowCloseAdj CloseVolume

<matplotlib.axes._subplots.AxesSubplot at 0x7fc7a3d08f90>

How to get gold multiplicative decomposition chart?

Multiplicative decomposition chats

Run prophet with daily_seasonality=True to override this

This is the price of gold forecsat till 2022

Now components discribe gold price weekly monthly and yearly trend

 Gold price weekly monthly and yearly trend

Compare 'Gold Price - actual vs. predicted charts

Gold Price - actual vs. predicted charts

[Text(0, 0.5, 'Gold Price ($)'),
 Text(0.5, 0, 'Date'),
 Text(0.5, 1.0, 'Gold Price - actual vs. predicted')]

ADF TEST OF GOLD PRICE

Test Statistic -1.604289 p-value 0.481439 # of Lags Used 9.000000 # of Observations Used 2887.000000

Critical Value (1%) -3.432617 Critical Value (5%) -2.862542 Critical Value (10%) -2.567303 dtype: float64

KPSS TEST

p-value is smaller than the indicated p-value

Test Statistic            1.582691
p-value                   0.010000
# of Lags                28.000000
Critical Value (10%)      0.347000
Critical Value (5%)       0.463000
Critical Value (2.5%)     0.574000
Critical Value (1%)       0.739000
dtype: float64

Nlags significant level charts

MORE NEW  GOLD PRICE