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Historical Gold Prices
Gold is basically hedge against inflation. If inflation increases of any country, investors buy gold to balance their portfolios and the price of gold. So, I n-inflation of the price of gold rises and falls of the stock market.
Crude oil price has a direct impact on oil imports would be created in each country. Increase in imports the trade deficit grows Bill (Export – Import) countries. Trade deficit would hit the value of the currency of the country. This affects the economics of money, inflation, leading to there. So if you increase the price of crude oil, gold is also up.So there is some indirect relationship between these three things (ie, gold, crude oil and intelligence). So, to evaluate the relationship between these three things, the next survey is carried out.
Compare prices of gold, crude and clever; the researcher has price data for five years (Apr’2005-Apr’2010).
The daily rates of these three cases are to calculate the average monthly price. This historical price of gold has been collected ncdex.com, oil prices have been collected and form a nifty data collected nseindia.com. Using these data, the researcher tries to discover the following things
1. Monthly price movements and average yields of crude oil, and witty.
2. Using the average monthly price, researcher calculated the monthly average yield of gold, crude oil and intelligent.
3. The researcher used the correlation method and cross-price elasticity’s of demand concepts to evaluate the relationship between gold and gold & Smart & materials.
In recent years, competition in the retail sector in India has increased greatly. Concerned about the slowdown, Indian retailers are implementing every strategy to recover and prosper.
Be profitable in business, in general, depends on how retailers can effectively serve customers and meet their needs. The article aims to highlight the strategies that can help retailers improve their internal efficiency in order to satisfy customers.
Different cultures, different needs of different people and growing above the competition are all acting challenges for retailers. No longer was an easy task for retailers survives and prospers customer-centric now, most retailers should focus on providing customers with maximum value to win the race. By offering great discounts on and implementation of a good deal for the sale prices of the dealers are doing their best to attract and retain customers.
But beyond focusing on promotion programs, which happens to be one of the most important companies, retailers should also focus on business and the implementation of other activities that may improve internal operational efficiency and also provide additional value to customers. The following seven strategies, if implemented effectively, can contribute significantly to improving the overall performance of a retail organization.
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- correlation between gold and nifty