Gold Market Anomalies: A Study Of Indian Spot Market Of Gold And Gold Futures

Abstract

The objective of the study was to find out anomalies in the spot market of gold and gold futures in India. Telephonic interview of the jewellers and correlation was used in the study. The study found anomalies in the spot market of gold in India. Also, study showed no anomalies in the gold futures market. It is concluded customers in the gold market need to be aware of the quality and prices of the gold.