The Golden dilemma-Analysing the Influence of various Macro-Economic Factors and Global Events on Shaping the Gold Prices

Authors

  • Dr. Prameela S. Shetty Professor, Department of MBA, A J Institute of Engineering and Technology, Mangalore, India Author
  • Dr. Rakesh M Associate Professor of MBA, A J Institute of Engineering and Technology, Mangalore, India Author

Keywords:

Gold Price, Macroeconomic, Global Event, Exchange Rate, Covid-19 pandemic

Abstract

Since ages immemorial Gold has been considered as a safe-haven asset, particularly during periods of economic uncertainty and global crises. Present study is to analyse the influence global events like COVID-19 pandemic and exchange rate fluctuations (USD/INR) on gold price movements. The objective of the present research is to study influence of global events like COVID- 19 on gold price and also to analyse the influence of exchange rates on the returns from gold price. Monthly gold prices and USD.INR exchange rates for a period were considered for the analysis. Data is analysed using various statistical tools like regression, descriptive statistics correlation, t-tests etc., The analysis stated that there is an influence of COVID- 19 on the returns of the gold price.

 

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Published

2026-05-23

Issue

Vol. 1 No. 1 (2026): Volume 1, Issue1 (2026)

Section

Articles