IMPACT OF MACROECONOMICS FACTORS ON GOLD PRICE FLUCTUATIONS

Gold prices are influenced by various macroeconomic factors, making it essential to analyze theirimpact using statistical techniques. This study empirically examines how key economic indicators,specifically the inflation rate, interest rates, exchange rates, contribute to fluctuations in gold prices.Using secondary data from reliable financial sources, the research employs correlation analysis,regression modeling, and time-series forecasting to identify significant relationships and trends. Thestudy aims to determine the extent to which each macroeconomic variable affects gold price volatilityand whether these relationships remain consistent across different economic cycles. Additionally, theresearch explores the short-term and long-term impacts of these factors on gold prices, providing insightsinto potential predictive models. The findings of this study will help investors, policymakers, andfinancial analysts understand the macroeconomic dynamics that drive gold price movements, allowingfor better decision-making in investment and risk management strategies. The study also compares theimpact of these factors in different economic conditions, offering a comprehensive understanding of theglobal and domestic forces shaping gold price trends.