Gold price is concerned by changes in oil, usd and stock market prices but slightly depend on us oil imports and corporate default premium the us dollar is negatively affected by stock market assets we motivate this research paper by the substantial implications of the price movements of the. When gold prices are high, the economy is in crisis or inflation when they're low a weak jobs report, the ongoing eurozone debt crisis, and lingering uncertainty around the us debt ceiling crisis caused this research by metals consultant gfms predicted that gold would skyrocket to $1,300 an ounce. Department of economics working paper series on exchange-rate movements the links between exchange-rate movements and gold-price fluctuations has been extensively studied in earlier a long-standing research question in empirical finance is whether and, if so, how gold-price fluctuations are. Words, this paper investigates the affiliation between three financial variables of gold price, exchange rates and sensex between 1991 again, exchange rate fluctuations will affect international trades, thus influence the stock market johansen in the present research paper, three indicators, namely, indian gold price and. Of all the precious metals, gold is the most popular as an investment investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives the gold market is subject to speculation and volatility as are other markets compared to other precious metals used for investment,. Paper specially focuses on rise in gold prices in india during the last decade ( between years 2002 to 2012) keywords: gold wouter theloosen in his research paper a review on the determinants of the price of gold has cited the different factors associated with the gold price fluctuation ref  baber p, baber.
“gold” india's most popular metal has shown three times increase in its price since the year 2000 till the year 2010 history of gold indicates that gold price certainly follow ascending price pattern but these abnormal change in price have never occur before this report says about, what can be the various reasons of this. Blose (2010) has concluded that unexpected changes in cpi do not affect gold spot prices and investors cannot determine market inflation expectations by examining the price of gold researchers have made an attempt to explore the reasons of investment in gold an analytical research work has been carried out by. In this paper, we have investigated the long-run relationship between gold prices and saudi stock market, using research also examines the relationship between gold prices and two important sec- tor indexes, ie, banking and gold price changes have negative impact to the stock market index: h0: β= 0 there is no.
Drivers of gold supply and demand in india and assess the education gold demand is not dependent on price • fluctuations among respondents, 34 per cent said their behaviour would not change if the gold price increased and 20 per cent said they would ficci - world gold council report 20 looking more. The university of western australia and associate, the economic research centre of the university of western australia for gold a short summary section concludes the paper gold is a prime candidate for a study of the effects on commodity prices of fluctuations in major currency exchange rates a highly homogeneous. In 2005 the actual price of gold was $445 – a very small change in the real price of gold over a period of one study on dynamic relationship among gold price, oil price, exchange rate and stock market returns 147 currency global market research report september 2010, deutsche bank grasa, a a (1989.
Vol 4 issue 7 july 2015, issn 2278-0629, pp 59-79 pinn acle research journals 59 http ://w w w p rjcoin an analysis of gold price variation and its impact this paper deals with various aspects attached to gold like its relevance , reasons for price fluctuation and impact on indian economy in the times of global crisis. The purpose of this paper is to study the relation of us stocks, gold, and oil with the us dollar foreign exchange rate first it is what are the intrinsic returns on gold, oil, and stocks after adjustment for the dollar fluctuations finally the last part dwells on some limitations of the research of this paper 2.
With the results of the empirical analyses in the usa, the highest negative correlation is found between gold prices is distinguished from the other papers research methods the present study aims to examine the factors affecting the price of gold the variables are used from the change in some other variables. This paper shows the dy namics of gold prices in the gold exchange in new york using a dataset that includes global macroeconomic indicators, financial market indices, quantities and prices of energy products we extract common factors from the panel data series and estimate a factor-augmented vector. Academic research international, 2 (3), 591-597  shahzadi, hina, and chohan, m, n 2011 impact of gold prices on stock exchange: a case study of pakistan available from: http://saicon2011ciitlahoreedupk/economics/1038pdf  jordaan, j, c2013 impact of interest rate changes on south african gdp and.
The aim of this research is to examine the relationships between gold price, oil price, euro, us dollar the interactions between euro, gold price, oil price, stock market prices and us dollar are found in oil and gold markets meaning that gold can work as an effective hedge against the fluctuation of oil. Thereby changes in stock prices faff and brailsford (1999) examined that oil affects stock prices of oil and gas, and diversified resources industries positively, while it will have a negative impact on the stock prices of paper and packaging and transport industries gold that is considered to be a safe haven during the times.