International Journal of Applied Research
Vol. 1, Issue 13, Part C (2015)
An analysis of the relationship between gold and crude oil prices
This paper attempts to analyze the relationship between gold and crude oil prices. The aim is to find out the character, the determinants as well as the co-movement between the price levels. This paper takes into account the gold and crude oil prices traded in the Multi Commodity Exchange (MCX) between the period 1/1/2010 to 30/10/15. The relationship is analyzed with the help of trend line evaluation. Gold-Oil ratio is calculated as a proportion of gold price to the crude oil price related to time. A correlation test is also conducted to find the strength of the relationship between the prices of the two commodities.
How to cite this article:
Dr. S Nirmala, Deepthy K. An analysis of the relationship between gold and crude oil prices. Int J Appl Res 2015;1(13):156-159.