Asian Journal of Management and Commerce
2020, Vol. 1, Issue 1, Part A
A study on analyzing determinants of gold investments in Karnataka
Author(s): Karishma Gajendra and J. Gajendra Naidu
Abstract: People took gold to make jewellery and currency. It is a symbol of wealth, beauty and heritage carrying memories and cultures. However, besides these, gold also makes significant contributions to a wide range of technologies. Since ancient times, gold was accepted as a universal means of the exchange. It is considered as a safe investment and used in large quantities during festivals and ceremonies in India. Gold has been a sizeable component of the portfolios of Indian households. The gold price seems to have an upward trend throughout, even during the recession and people use gold as a status symbol. The price changes in gold affect almost every investor in India. The study covers gold investors who invest in any forms of gold investment. Only six form of gold investment are considered for the study. Daily gold returns are consider for the period between 1979 to 2018 and for call money rate, exchange rate (USD/INR) and sensex the study period was 2005 to 2018.
Pages: 05-07 | Views: 305 | Downloads: 170
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How to cite this article:
Karishma Gajendra, J. Gajendra Naidu. A study on analyzing determinants of gold investments in Karnataka. Asian J Manage Commerce 2020;1(1):05-07.