Article’s

CAUSE AND EFFECT OF RISING GOLD PRICES IN INDIA

Dr. J.Francis Mary , K. Radha

(04 – 2025)

DOI:

 

The economic impact of rising gold price in India has become a pivotal concern affecting not only individual’s economic status but also the broader macroeconomic factor. This paper explores the cause behind the rising gold prices and the factor influencing the gold prices in India. The consequences of these rinsing price are multifaceted. On the positive side, higher gold price leads to increasing gold holdings, which in turn results in diversified investment in other sectors. Additionally the flourishing cost of gold imports intensifies the India’s current account deficit, influencing the stability of Indians Rupee and foreign exchange reserves.

 

 

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