An econometrics method for estimating gold coin futures prices

In this paper, we present some regression functions to estimate gold coin future price based on gold coin price, future exchange price, price of gold traded globally and trend of time. The proposed model of this paper is used for price estimation of special gold coin traded in Iran. The proposed model of this paper is applied for historical data of future gold prices and the results are discussed. The preliminary results indicate that an increase on gold coin price could increase gold coin future price. An increase on foreign exchange price has negative impact on gold coin future and present trend on time has positive impact on gold coin future.