Reserve Bank of India working paper studies gold prices


The Reserve Bank of India on February 28 published a working paper titled Gold Prices and Financial Stability in India.

The authors, Rabi Mishra and Jagan Mohan, study the links between domestic and international gold prices and the nature of changes in the factors affecting international gold prices during the last two decades.

The research finds clear links between domestic and international gold prices, but it concludes that there has been a structural shift in the factors affecting

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