International Journal of Applied Research
Vol. 1, Issue 13, Part C (2015)
An analysis of the relationship between gold and crude oil prices
Dr. S Nirmala, Deepthy K
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.