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Oil plays a very important role in the Indian economy and the stock market. In India, oil is key factor as nearly 85 … good average returns of near about 19% Likewise silver, gold and exchange rates are also playing an important role in … market and commodities such as oil, gold and silver as well as the exchange rates. The proxy used to represent the Indian …
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The paper investigates the causal nexus between gold price, stock price and exchange rate in India using Autoregressive … rate in India. Besides, there is no evidence of stable long-run cointegration relationship between stock price and gold … price in India. The findings also indicate that there exists no causality from gold price to stock price or vice versa in …
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