Vývoj cen zlata a mědi

The aim of the study was to evaluate the development of gold and copper prices over the last 8 years and to determine whether there is any relationship between their prices. The secondary data source for this research was content analysis of data from WoS and indexmundi.com. This data was further processed by basic statistics, correlation and regression analysis in MS Excel. The content analysis revealed that gold and copper prices were unstable during the examined period. It was further found that gold price reacts positively to global health and geopolitical crises such as the Covid-19 pandemic and Russian invasion of Ukraine. Thus, gold can be considered a safe investment in global crises. The price of copper is mostly influenced by its availability and demand, primarily from its largest consumer, China. Furthermore, the regression analysis found that there is a strong correlation between the copper price and the gold price. This research can primarily be used to provide an overview of the price development of these commodities for potential investors. The research was most limited by the use of only basic statistical methods, which are not sufficient enough to analyse the prices of these commodities in depth. A further area of research could be the socially highly desirable prediction of prices of these commodities.esearch results and overall conclusion and recommendations.