The emerging economy of India counts gold and oil amongst its top imports, suggesting that the prices of these … indices to examine the cointegration and nonlinear causality amongst international gold, crude oil, and the Indian stock … market. Results indicate the presence of cointegration relationships and a nonlinear and positive impact of the implied …

's cointegration test, vector error correction model (VECM), impulse response functions (IRFs), and variance decomposition (VDCs) test … have been applied. The results of Johansen cointegration test indicates a significant negative relationship between …