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

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.

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Publication Details

Journal
Journal of Commerce Economics & Computer Science
Published
2025-06-29
DOI
https://doi.org/10.62823/jcecs/11.02.7680
Primary Topic
Market Dynamics and Volatility
Type
article
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article

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

Mukeshkumar Chandulal Ajmera
Journal of Commerce Economics & Computer Science
Market Dynamics and Volatility
article

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

Mukeshkumar Chandulal Ajmera
article en

Abstract

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.

Journal of Commerce Economics & Computer ScienceVol. 11(02)
Openalex Percentile: Top 77%
Market Dynamics and Volatility
DOISourceOpenAlex
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ANALYSIS ON RELATIONSHIP AND EFFECT OF GOLD PRICE ON BSE SENSEX INDEX IN INDIA — Mukeshkumar Chandulal Ajmera · Journal of Commerce Economics & Computer Science (2025) | TGRS Research Map | TGRS