https://ejournal.ipn.ac.id/index.php/edisi <p style="text-align: justify;"><img style="float: left; width: 100px; height: 90px; margin-right: 10px;" src="http://ejournal.stitpn.ac.id/files/bar_edisi.png" alt="Smiley face"><strong>Edisi:&nbsp; Jurnal Edukasi dan Sains&nbsp;</strong>(<em><strong>ISSN</strong></em> : <strong><em><a title="ISSN ONLINE" href="http://u.lipi.go.id/1566907497" target="_blank" rel="noopener">2686-3340</a></em></strong>)&nbsp;has been published in&nbsp;<strong>Vol. 8 No. 1, Juni 2026</strong>. Our hope with the publication of this journal can help readers to provide insight, ideas, references, in the development educational innovations.&nbsp;Edisi journal has been indexed by&nbsp;<a href="https://search.crossref.org/?q=2540-9697&amp;from_ui=yes">Crossref</a>,&nbsp;<a href="http://moraref.kemenag.go.id/archives/journal/98077985952902521">Moraref</a>,&nbsp;<a href="https://scholar.google.com/citations?hl=id&amp;user=wbGzNQkAAAAJ">Google Scholar</a>, and&nbsp;<a href="https://www.base-search.net/Search/Results?type=all&amp;lookfor=2686-3340&amp;ling=1&amp;oaboost=1&amp;name=&amp;thes=&amp;refid=dcresen&amp;newsearch=1">Base.</a></p> LP2M STIT Palapa Nusantara en-US EDISI 2686-3340 <p style="text-align: justify;">Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a <a href="http://creativecommons.org/licenses/by/4.0/">Creative Commons Attribution License</a> that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.</p> https://ejournal.ipn.ac.id/index.php/edisi/article/view/6584 <p>Gold investment decisions among Generation Z need to be understood by considering individual factors related to financial capacity and risk assessment. This study aimed to analyze the effects of financial literacy, income, and risk perception on gold investment decisions among Generation Z in Surakarta City. The study employed a quantitative approach using primary data collected through questionnaires from 100 Generation Z respondents residing in Surakarta City who had previously invested in gold and were selected using a purposive sampling technique. The data were analyzed using validity and reliability tests, classical assumption tests, multiple linear regression analysis, <em>t</em>-test, <em>F</em>-test, and the coefficient of determination (R²). The results showed that financial literacy had no significant effect on gold investment decisions (p = 0.661), whereas income had a positive and significant effect (p = 0.001), and risk perception also had a positive and significant effect (p = 0.001). Simultaneously, financial literacy, income, and risk perception had a significant effect on gold investment decisions, with an <em>F</em> value of 59.875 and p &lt; 0.001. The Adjusted R Square value of 0.641 indicates that the three variables explained 64.1% of the variation in gold investment decisions, while the remaining 35.9% was explained by other factors outside the research model. These findings confirm that income and risk perception are important factors in explaining gold investment decisions among Generation Z in Surakarta City, while financial literacy showed no partial effect. The results of this study provide an empirical basis for the development of research on Generation Z investment behavior, particularly in understanding the role of financial capacity and risk perception in gold investment decision-making.</p> Wahid Restu Nadyani Rina Susanti ##submission.copyrightStatement## 2026-09-17 2026-09-17 8 3 1 9 10.36088/edisi.v8i3.6584