US Dollar’s Influence on Indian Gold Price: Assessment Using Artificial Neural Network

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Abstract

The main focus of this study is to highlight the inter-relationship between US dollar’s rate and gold price in India. To study the influence of US dollar on gold price in India. The aim of this investigation is to identify the behavior of gold price data pattern. To study the functional relationship between the gold price and influencing parameter viz. US dollar price using artificial neural network (ANN) modelling technique. The back propagation algorithm is employed for analyzing the gold prices. In this research, taking the output of the neural network, it has been implemented using R software.

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Bogale, D., Muley, A., Bhalchandra, P., & Kulkarni, G. (2019). US Dollar’s Influence on Indian Gold Price: Assessment Using Artificial Neural Network. In Lecture Notes in Networks and Systems (Vol. 40, pp. 81–88). Springer. https://doi.org/10.1007/978-981-13-0586-3_8

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