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This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Gold, a valuable and precious metal has been served as property and financial assets despite their uprising in prices. The price of gold keeps increasing in the long-run, however quite fluctuate and volatile in short-run. This paper inspired to identify the factors which influences the gold price in Malaysia with selected macroeconomics determinants such as inflation rate, interest rate and exchange rate in yearly period from 1980 until 2020. In achieving the objectives of this study, some diagnostic tests along with regression analysis were run and data analysed using STATA software. The findings reveal that inflation and exchange rate were significantly influenced the price of gold, while interest rate is statistically insignificant.