References
Batten, J. A., Ciner, C., & Lucey, B. M. (2014). On the economic determinants of the gold-inflation relation. Resources Policy, 41, 101-108.
Baur, D. G., & Lucey, B. M. (2010). Is gold a hedge or a safe haven? An analysis of stocks, bonds and gold. Financial Review, 45(2), 217-229.
Baur, D. G., & McDermott, T. K. (2010). Is gold a safe haven? International evidence. Journal of Banking & Finance, 34(8), 1886-1898.
Beckmann, J., & Czudaj, R. (2012). Gold as an inflation hedge in the Eurozone? Economics Letters, 117(3), 705-707.
Brian, L., Smith, J., & Taylor, K. (2016). The role of gold in hedging inflation: An empirical analysis. Journal of Financial Economics, 122(1), 45-61.
Brown, T. (2022). Gold as a hedge against inflation and financial instability. Journal of Economic Perspectives, 36(4), 45-62.
Collins, D., McCarthy, P., & Zhao, L. (2015). Efficiency and arbitrage in global gold markets: Emerging market insights. Emerging Markets Review, 23, 78-92.
Dipak, D. (2002). Short-term volatility and long-term stability: Gold prices under inflationary pressures. International Journal of Finance & Economics, 7(4), 412-428.
Fama, E. F. (1970). Efficient capital markets: A review of theory and empirical work. The Journal of Finance, 25(2), 383-417.
Gregory, A., Tharyan, R., & Christidis, A. (2006). Selective hedging and gold price dynamics: Evidence from North America. Journal of Business Finance & Accounting, 33(7-8), 1340-1359.
Himani, T., & Kuldip, S. (2024). Macroeconomic determinants of gold prices in India: A time-series analysis. Indian Journal of Economics and Development, 30(1), 89-104.
Jain, A., & Ghosh, S. (2013). Dynamics of global oil prices, exchange rate and precious metal prices in India. Resources Policy, 38(3), 88-93.
Javed, M. (2017). Gold as a currency hedge: Evidence from South Asia. South Asian Journal of Macroeconomics and Public Finance, 6(2), 215-235.
John, P. (2006). Inflation uncertainty and financial markets: The role of central banks. Economic Policy Review, 12(3), 67-81.
Jones, M., & Lee, S. (2024). The impact of supply constraints on gold prices. Global Financial Review, 29(1), 78-95.
Joscha, B., Müller, M., & Hoffmann, S. (2014). Government intervention and gold price stabilization during financial crises. International Review of Financial Analysis, 36, 25-38.
Kannan, R. (1999). Inflation targeting in India: Prospects and challenges. Reserve Bank of India Occasional Papers, 20(2), 145-172.
Krishnamurty, J., Gupta, A., & Reddy, S. (1984). Public investment, growth, and inflation in India. Economic and Political Weekly, 19(8), 332-339.
Kumar, S. (2014). Gold investment and alternative asset classes in India. International Journal of Financial Research, 5(1), 120-135.
Melina, H., Wang, T., & Lopez, C. (2021). The global demand for gold and its social and environmental consequences. Journal of Environmental Economics and Policy, 14(2), 245-267.
Mishra, A. K., Sehgal, S., & Bhanumurthy, N. R. (2018). Gold price movements and market integration in India. Journal of Economic Studies, 45(4), 732-748.
Mishra, S., & Sharma, V. (2010). Crisis and investor behavior: The safe haven role of gold. Journal of International Fi-nancial Markets, Institutions & Money, 20(4), 392-406.
Naliniprava, B., & Amit, P. (2016). Gold prices and stock market interactions in India: An empirical study. Indian Journal of Capital Markets, 10(2), 45-59.
Narayan, P. K., Narayan, S., & Zheng, X. (2010). Gold and oil markets: Are markets efficient? Applied Energy, 87(10), 3299-3303.
Niaz, F., & Matteo, R. (2018). Oil price shocks and metal price volatility: The case of gold. Energy Economics, 72, 320-217.
Nilika, G. (2004). Gold and women’s economic security in India: A socio-economic perspective. Journal of Economic and Social Development, 10(1), 89-102.
Olivier, M., Huber, F., & Klein, S. (2021). Inflation expectations and gold demand: A household-level analysis. Economic Modelling, 97, 350-365.
Pham, T., Nguyen, H., & Le, V. (2022). Gold and exchange rate stabilization: The Vietnamese perspective. Journal of Emerging Market Finance, 21(1), 78-96.
Prabhdeep, S., & Jaspal, K. (2020). Efficiency and liquidity of Indian gold ETFs: A regulatory perspective. Indian Jour-nal of Finance, 14(3), 45-58.
Prerana, R., Choudhary, P., & Sharma, M. (2012). Integrating gold markets into financial systems: Managing price volatility in India. Indian Economic Journal, 59(4), 120-136.
Rahman, A., Patel, V., & Singh, R. (2016). Gold as a hedge and safe haven: A cross-country analysis. International Journal of Financial Studies, 4(3), 27-45.
Rupel, R., & Anuradha, S. (2017). Market inefficiencies in Indian gold ETFs: Empirical insights. Asian Journal of Economics and Banking, 11(2), 88-105.
Saira, T., & Sadia, B. (2013). An analysis of the relationship between inflation and gold prices: Evidence from Pakistan. The Lahore Journal of Economics, 18(1), 1-35.
Samveg, P. (2013). The role of the Reserve Bank of India’s gold reserves in economic stabilization. Indian Economic Review, 48(2), 172-188.
Sjaastad, L. A. (2008). The price of gold and the exchange rate. Journal of International Money and Finance, 27(4), 687-697.
Smith, R. (2023). Geopolitical risks and gold price volatility: A post-pandemic analysis. International Journal of Economic Studies, 41(2), 112-130.
Summers, L. H. (1986). Does the stock market rationally reflect fundamental values? The Journal of Finance, 41(3), 591-601.
Thavaraj, M. (1974). Deficit financing and inflationary pressures in India. Economic and Political Weekly, 9(6), 231-240.
Tufail, S., & Batool, S. (2013). An analysis of the relationship between inflation and gold prices: Evidence from Pakistan. The Lahore Journal of Economics, 18(1), 1-35.
Tully, E., & Lucey, B. M. (2007). A power GARCH examination of the gold market. Research in International Business and Finance, 21(2), 316-325.
Vaidyanathan, R. (1999). Liberalization of gold imports and its impact on the Indian economy. Economic and Political Weekly, 34(5), 261-268.
Venkata, S., Ramesh, P., & Sundar, K. (2017). Cultural determinants of gold demand in India. Indian Journal of Consumer Research, 9(1), 112-129.
Wang, Y., Yang, L., & Yin, S. (2011). Real interest rate, inflation, and gold price: Evidence from China. Resources Policy, 36(4), 339-347.