Abstract:
The paper studies impact of inflation on gold prices fluctuations in India, China and USA. Applying co-integration and vector error correction models (VECM), Vector Auto Regression (VAR) and Granger Causality to data for 1996-2015 and found that there is a co-integration between the India Inflation and Gold Prices and in USA and China found that there is a Short term relationship between Inflation and Gold Prices.