GOLD PRICE AND EXCHANGE RATE- AN ANALYSIS OF LONG RUN RELATIONSHIP

Authors

  • Anjali A* and Thomachan K.T. Author

Keywords:

Gold price, Exchange rate.

Abstract

The study investigates the long run relationship between gold price and exchange rate. The main objective of the study is to
identify whether there is long run relationship between gold price and exchange rate. The study has evaluated daily data of gold
price and exchange rate over a period from July 2011 to June 2014. By applying Augmented Dickey Fuller Unit Root Test,
Johansen Co-integration Test and Granger Causality Test the study concluded that there is no causality and no long run
relationship between gold price and exchange rate.

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Published

2015-06-30

Issue

Vol. 2 No. 6 (2015): June-2015

Section

Articles

How to Cite

GOLD PRICE AND EXCHANGE RATE- AN ANALYSIS OF LONG RUN RELATIONSHIP. (2015). International Journal of Engineering Sciences & Management Research, 2(6), 46-50. https://ijesmr.com/index.php/ijesmr/article/view/68