Research Article |
Impact of Select National and International Incidents on Gold and Silver Prices in India
Author(s) : Dr. Hema Neelam1*, Dr. K. Sharath Babu2 and Mr. Ch. Ganesh3
Publisher : FOREX Publication
Published : 15 March 2023
e-ISSN :2347-4696
Page(s) : 34-39
Abstract
In this paper an attempt is made to know the impact of select national and international incidents such as Russia and Ukraine War, Afghanistan War, 1st Lockdown in India, US and Iraq Civil war and Surgical Strike in India on gold and silver prices from 2019 to 2022. The study used t-test: Paired Two Sample for Means and correlation to know the volatility and relationship between gold, silver prices with the value of Indian currency. The study finds the significance difference between gold prices, silver prices and value of Indian currency before and after the incidents. The study also finds whether there is any relationship between the gold prices, silver prices with Indian currency and how they are related to each other.
Keywords: Gold
, Silver
, Value of Indian Currency
Dr. Hema Neelam, Assistant Professor, Balaji Institute of Management Sciences, Narsampet, Warangal (Dist.), Pincode: 506331, Telangana State, India; Email: hema.neelam@gmail.com
Dr. K. Sharath Babu*, Professor & Head, Department of Business Management, Vignana Bharathi Institute of Technology, VBIT, Ghatkesar, Hyderabad, Pincode: 501301 Telangana State, India; Email: ksharath2003@yahoo.co.in
Mr. Ch. Ganesh, Assistant Professor, Department of Business Management, Vignana Bharathi Institute of Technology, VBIT, Ghatkesar, Hyderabad, Pincode: 501301 Telangana State, India; Email: ganesh.chinumarthi@vbithyd.ac.in
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Dr. Hema Neelam, Dr. K. Sharath Babu and Mr. Ch. Ganesh (2023), Impact of Select National and International Incidents on Gold and Silver Prices in India. IJBMR 11(1), 34-39. DOI: 10.37391/IJBMR.110104.