• DR ASHNEET KAUR

This research paper focuses on the relationship between Gold Prices and Crude Oil Prices. It focuses on analysing the relationship between two most important commodities which lay down the foundation of the global economy. It also shows the movement of the price levels of both the commodities from 2004 to 2017. Further it also shows the impact of change in gold prices due to the change in crude oil prices. Regression analysis clearly indicates that there is low positive correlation between the two variables. Further to check the autocorrelation, Durbin Watson has been used.

Crude Oil, global economy, Gold Prices, Regression analysis, Multicollinearity

"AN EMPRICAL INVESTIGATION OF THE CAUSAL RELATIONSHIP BETWEEN THE GOLD PRICE AND THE CRUDE OIL---AN INDIAN SCENARIO", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.413-417, May-2019, Available :http://www.jetir.org/papers/JETIR1905D60.pdf

"AN EMPRICAL INVESTIGATION OF THE CAUSAL RELATIONSHIP BETWEEN THE GOLD PRICE AND THE CRUDE OIL---AN INDIAN SCENARIO", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp413-417, May-2019, Available at : http://www.jetir.org/papers/JETIR1905D60.pdf