Forecasting the price of gold: An error correction approach
Gold prices in the Indian market may be influenced by a multitude of factors such as the value of gold in investment decisions, as an inflation hedge, and in consumption motives. We develop a model to explain and forecast gold prices in India, using a vector error correction model. We identify inves...
| Published in: | IIMB Management Review |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2016-03-01
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| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S097038961500107X |