Developing a COVID-19 Tool as a Web-Based Means of Assessing Gold (iGold)

Abstract

The focus of this study was the design and development of a web-based application for the assessment of gold during the COVID-19 pandemic known as Cov_iGold. The pandemic had clear and serious consequences for the global economy due to the stringent quarantine guidelines introduced which led to economic activities becoming dormant. Despite the extreme restrictions on operations and face-to-face transactions, there is still a demand for gold. As the global market has been widely affected, this platform is expected to provide a general tool to meet the demands of gold collectors and merchants. It is a self-exploratory application, through which users will be able to gain daily access to gold-related information, e.g., current prices, gold market trends and the selling and purchasing of gold with added features. This tool was developed according to five stages of the Systems Development Life Cycle (SLDC), namely, planning, analysis, design, implementation and maintenance. Gold merchants can easily track their buyers, receive payment hassle-free and effectively manage large numbers of buyer-related data in one repository. With these significant functions, inaccuracies in data will be reduced or eliminated. Having these resources at their fingertips, Cov_iGold users will be able to fully optimize its features from the comfort of their own homes.

Keywords

• gold
• web-based tool
• COVID-19
• iGold