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What is MPRA Paper 103182 about?

This paper analyzes the long-run cointegration between gold prices and their determinants in Pakistan, focusing on variables such as silver prices, foreign exchange rates, and global oil prices using data from 1975 to 2019. The study employs econometric techniques including Unit Root Test, Johansen Cointegration, and Vector Error Correction Model (VECM), revealing significant relationships and a long-run cointegration among the variables. The findings indicate that foreign exchange rates and silver prices a

Author

Kapil Jain

Language

EN