A Study on an Interdependence Relationship between Gold, Silver, Crude Oil and Sensex

Jalpaben Patel; Dr. B. A. Prajapati

Volume : VII, Issue : II, February - 2018

A Study on an Interdependence Relationship between Gold, Silver, Crude Oil and Sensex

Jalpaben Patel, Dr. B. A. Prajapati

Abstract :

Commodity market and Stock market are the two main pillars of financial system of any country. A commodity market is based on governing trades in primary economic sector. Gold, Silver & Crude oil are also traded in to the commodity market. The main objective behind to select this topic is to know the interdependence relation between gold, silver, crude oil and Sensex. This research is based on secondary data from the year 2012 to 2016. We found that there is interdependence between gold, silver, crude oil and Sensex