Since 2014
The Relationship between Gold Prices and Exchange Value of US Dollar in India
Emerging Markets Journal
View Archive Info| Field | Value | |
| Title |
The Relationship between Gold Prices and Exchange Value of US Dollar in India
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| Creator |
Nair, Girish Karunakaran
Choudhary, Nidhi Purohit, Harsh |
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| Subject |
Gold Price; Value of Dollar; Johansen Co-Integration; Ganger Causality.
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| Description |
The inverse relationship between the value of U.S. dollar and that of gold is one of the most talked about relationships in currency markets. The present study is an attempt to understand the impact of recession of 2008 on relationship between exchange rate of US dollar in INR and gold prices in India. The study uses Johansen Co- Integration test to check the long term association between exchange rate of US dollar in INR and gold prices in India and it further uses the Granger Causality Test to check the lead lag relationship between the variables. A separate pre, during and post recession analysis of the variables is done to understand the impact of recession on this relationship. The study highlights how this relationship has changed since the global turmoil.
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| Publisher |
University Library System, University of Pittsburgh
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| Contributor |
—
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| Date |
2015-02-20
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://emaj.pitt.edu/ojs/index.php/emaj/article/view/66
10.5195/emaj.2015.66 |
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| Source |
EMAJ: Emerging Markets Journal; Vol 5, No 1 (2015); 17-25
2158-8708 |
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| Language |
eng
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| Relation |
http://emaj.pitt.edu/ojs/index.php/emaj/article/view/66/249
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| Rights |
Copyright (c) 2015 EMAJ: Emerging Markets Journal
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