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Volume 20 No 13 (2022)
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A STUDY ON VARIOUS FACTORS IMPACT ON THE GOLD PRICE IN INDIA
Dr. R. Vijimalar
Abstract
This study explores the various economic, political and global factors influencing the fluctuation of gold prices in India. Gold has traditionally been seen as a safe investment and a symbol of wealth in Indian society. The price of gold is highly volatile and is affected by a range of macroeconomic indicators including inflation, interest rates, currency fluctuations, crude oil prices and geopolitical tensions. This paper, based on secondary data from government publications, financial reports and economic surveys, analyzes these factors in detail to understand the trends in gold pricing in India.
Keywords
Gold price, inflation, interest rate, rupee-dollar exchange rate, global economy
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