Gold Price Influences: Exchange Rates, Oil Prices, and Interest Rates

A study examining the relationship between gold prices and select macroeconomic factors, including the US Dollar to INR exchange rate, crude oil prices, repo rates, and inflation rates. The paper was authored by SINDHU SINDHU and sourced from the paperswithcode platform. The analysis emphasizes the inverse relationship between the US Dollar and gold, and the interdependence with other financial indicators.

Use Cases

• Modeling gold price volatility based on described factors like exchange rates and crude oil prices.
• Analyzing the inverse correlation between the US Dollar and gold prices as highlighted in the paper.
• Investigating the interdependence between gold prices and monetary policy indicators like repo rates.
• Studying the positive correlation between gold prices and inflation rates mentioned in the description.

Strengths

• Focuses on a specific, high-interest commodity (gold) and its key financial drivers.
• Examines multiple established economic relationships, including USD exchange rates, crude oil, repo rates, and inflation.

Limitations

• Row count, column definitions, and sample data are unavailable, limiting suitability assessment.
• Description metadata is limited; actual data quality and structure require manual inspection after download.
• Last update date and temporal coverage are unknown; data freshness is unverified.

Provenance

Source

paperswithcode

Collection Method

Likely compiled for academic research, as indicated by the paper's description.

Geography

The description suggests a focus on Indian investors and the USD/INR exchange rate.