Advanced Machine Learning Techniques for Predicting Precious Metal Prices in Financial Trading
In an environment as intricate as the financial markets, where fortunes can shift in an instant, the prices of gold, silver, and oil emerge as puzzles, their fluctuations shrouded in mystery. These precious commodities, valued for their intrinsic worth and myriad applications, have long captivated both traders and investors. Today, technological advancements in machine learning play an increasingly crucial role in analyzing these fluctuations, thereby influencing market trends and contributing to shaping global economies. In this context, our aim is to design an intelligent system capable of accurately predicting the prices of gold, silver, and oil in the financial markets. The convergence of cutting-edge technology and financial strategies is essential to understanding and anticipating the movements of precious metal prices. Sophisticated algorithms such as Random Forest Regression (RFR), Long Short-Term Memory (LSTM) networks, and Support Vector Regression (SVR) allow us to explore new horizons in forecasting market trends. This study delves into this technological and financial convergence, paving the way for redefining the boundaries of precious metal price prediction through artificial intelligence, offering more precise and informed investment strategies, and thereby contributing to the evolution of practices in the financial sector.
Authors
- Mohamed Baslam (ORCID: https://orcid.org/0000-0003-4819-533X)
- Abderahim Salhi (ORCID: https://orcid.org/0000-0002-0026-129X)
- Sanaa Bouabidi
- Dounia Hanyn
Institutions
- Université Sultan Moulay Slimane (MA)
Publication Details
- Published
- 2024-10-17
- DOI
- https://doi.org/10.1109/icoa62581.2024.10754218
- Citations
- 1
- Primary Topic
- Stock Market Forecasting Methods
- Type
- article
- Field-Weighted Citation Impact
- 0.49