| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1016511 | IIMB Management Review | 2016 | 7 Pages |
Abstract
Gold prices in the Indian market may be influenced by a multitude of factors such as the value of gold in investment decisions, as an inflation hedge, and in consumption motives. We develop a model to explain and forecast gold prices in India, using a vector error correction model. We identify investment decision and inflation hedge as prime movers of the data. We also present out-of-sample forecasts of our model and the related properties.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Kausik Gangopadhyay, Abhishek Jangir, Rudra Sensarma,