Inter Dependency Between Gold Price Trend And Value Of...

INTER DEPENDENCY BETWEEN GOLD PRICE TREND AND VALUE OF INDIAN RUPEES AGAINST US DOLLAR *Dr.K.PrabhakarRajKumar. **G.Vimalkannan. *Assistant Professor, Department of Commerce PeriyarUniversity, Tamil Nadu, India. **M.Phil., ResearchScholar, Department of Commerce, PeriyarUniversity, Tamil Nadu, India. ABSTRACT Key words: Gold price trend, USD fluctuation, Exchange rate, Rupeesvolatility, Goldsupply. Introduction The prices of gold and the US dollar share different relationships in different circumstances. Gold is considered to be a hedge against inflation, recession, and other times of uncertainties, especially due to its high demand and finite supply. This precious metal was, for a long time in history, used as currency, and is still a safe haven for investors. Consequently, most central banks around the world invest more in gold to preserve their assets during volatile economic conditions. On the other hand, the US dollar is widely accepted as an instrument of the global currency exchange. Hence, most central banks also invest their funds in the US dollar. Indian gold prices have increased almost in the last few years, though there was one large correction in between gold and the dollar against rupees in 2010. From the beginning of July 2011 the pace of increase in gold prices has, however, accelerated the impact of the Indian gold prices is reflected in its domestic prices as well dollar’s value. Despite the sharp recent price rise, in India, demand forShow MoreRelatedProject on Risk Management46558 Words   |  187 Pages Submitted by SUBODH AGARWAL Enrollment no. : 4108163163 Management of Business Finance INDIAN INSTITUE OF FINANCE CORPORATE GUIDE: MR. ASHOK SHARMA ASST. MANAGER AGRA BRANCH, AGRA UTTAR PRADESH. ACKNOWLEDGEMENT Expressing gratitude is not just an exercise of formality rather doing so evokes the memories of my associationRead MoreProject Mgmt296381 Words   |  1186 Pages3) 6.4.2 Estimating tools (.1.3.4) 6.3.1 Identifying resources 7.1 Activity cost estimates (.2.3.4.5) 5.1.2.4 Delphi method Chapter 6 10.5.3 Cost/schedule system (.1) 6.6 .2.1 Time performance 7.2.3.1 Cost baseline development 7.3.2.1 Earned value system (F.4) 7.3.2.4 E.V., performance status report 7.3.2.2 E.V., forecasts 7.3.2.3 EV., to complete index (EAC) 7.3.2.5 Schedule and cost variance Developing a Project Plan 4.2.2 Planning tools 6.2 Sequence activities [1.2] 6.5.1 Bar and milestone