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1704584PublishedVol 6 · Issue 12

An Empirical Analysis on Indian Gold Trade Due to the Impacts of COVID-19 and Demonetization

Dr. E. Kalaivani Dr. M. Ramakrishnan V. S. Vijayachander

Subject area: Management and Commerce  ·  Area of research: Finance

Abstract

This study carries out an empirical analysis on examining the relationship between gold investment in terms of returns and risk from the perspective of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) Sensitive Indexes. The study is carried out specifically to represent the effect of gold business in Indian stock market before and after the demonetization process. The study is intended to present, whether COVID-19 and demonetization has affected the gold trade in stock exchange market. The study attempts to predict the future gold trade and further presents the measures to be handled, while demonetizing other rupee notes to avoid cash crunch and to have a positive effect on gold trade.

Keywords

Commodity Market, Gold Price, Demonetization, Microeconomic variables, Heteroscedasticity, COVID-19

How to cite this paper

Dr. E. Kalaivani, Dr. M. Ramakrishnan, V. S. Vijayachander "An Empirical Analysis on Indian Gold Trade Due to the Impacts of COVID-19 and Demonetization" Iconic Research And Engineering Journals Volume 6 Issue 12 2023 Page 245-253
Dr. E. Kalaivani, Dr. M. Ramakrishnan, V. S. Vijayachander "An Empirical Analysis on Indian Gold Trade Due to the Impacts of COVID-19 and Demonetization" Iconic Research And Engineering Journals, vol. 6, no. 12, Jul. 2023
Dr. E. Kalaivani, Dr. M. Ramakrishnan, V. S. Vijayachander (2023). An Empirical Analysis on Indian Gold Trade Due to the Impacts of COVID-19 and Demonetization. Iconic Research And Engineering Journals, 6(12).
Dr. E. Kalaivani, Dr. M. Ramakrishnan, V. S. Vijayachander "An Empirical Analysis on Indian Gold Trade Due to the Impacts of COVID-19 and Demonetization" Iconic Research And Engineering Journals, vol. 6, no. 12, Jul. 2023.
@article{1704584,
      author = {Dr. E. Kalaivani, Dr. M. Ramakrishnan, V. S. Vijayachander},
      title = {An Empirical Analysis on Indian Gold Trade Due to the Impacts of COVID-19 and Demonetization},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {6},
      number = {12},
      pages = {245-253},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704584.pdf},
      abstract = {This study carries out an empirical analysis on examining the relationship between gold investment in terms of returns and risk from the perspective of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) Sensitive Indexes. The study is carried out specifically to represent the effect of gold business in Indian stock market before and after the demonetization process. The study is intended to present, whether COVID-19 and demonetization has affected the gold trade in stock exchange market. The study attempts to predict the future gold trade and further presents the measures to be handled, while demonetizing other rupee notes to avoid cash crunch and to have a positive effect on gold trade.},
      keywords = {Commodity Market, Gold Price, Demonetization, Microeconomic variables, Heteroscedasticity, COVID-19},
      month = {June},
  }