Published Paper Details:

This study is focused on analysing the various factor that are responsible for fluctuations in gold price over the period of five years (1st of January 2019 to 31st of December 2023).Here gold price is considered to be the dependent variable and factors effecting considered individually, as independent variable which include crude oil price per barrel in the international market, forex (USD-INR), the average closing value of BSE SENSEX, GST rates, Gold tariff, Inflation rates and Repo rates taken in context of Indian economy and market. The factor taken into consideration are analysed in respect of gold price using descriptive statistics to know the variance between values, corelation to know nature of relationship and multiple linear regression analysis to the depth of relationship between the dependent and independent variables. The study will help understand how the considered variable brings forth changes in gold prices over time-being. The study will also help understand if international contingent or domestic ones have more significant impact on gold prices.