ISO 9001:2015

ANALYSIS ON RELATIONSHIP AND EFFECT OF GOLD PRICE ON BSE SENSEX INDEX IN INDIA

Dr. Mukeshkumar C. Ajmera

An attempt has been made by researcher to study the relation between gold price and its effect on Sensex of BSE. The researcher has selected secondary data. The time for the data is 2015 to 2025. The researcher has used statistical tools like correlation, regression and descriptive statistics. The correlation between gold price and BSE Sensex has been positive and significant. Whereas Regression shows R value indicates very strong and positive relation between gold price and Sensex value. R Square 94.4% shows fluctuation caused by gold price. It is concluded that gold price influences BSE Sensex.


DOI:

Article DOI: 10.62823/JCECS/11.02.7680

DOI URL: https://doi.org/10.62823/JCECS/11.02.7680


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