ESTABLISHING RELATIONSHIP BETWEEN GOLD AND CRUDE OIL PRICES AND PREDICTING THE FUTURISTIC TRENDS FOR INDIA

Kakarla Sai Mitravinda and Pavithra R

No u9fs3, OSF Preprints from Center for Open Science

Abstract: Gold is a very precious and an important metal that has been plays a major role in the economy even from the ancient times. Unlike paper currency gold is having a very good value and keeps changing every day. Moreover gold has been an excellent hedge against inflation and is expected to rise as cost of living rises. It is said that crude oil influences the price of gold. This paper focuses on finding the extent of relationship between gold and crude oil prices and predicting the futuristic trend values.

Date: 2020-06-02
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:u9fs3

DOI: 10.31219/osf.io/u9fs3

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