The Protective Role of Gold Against Inflation and Market Fluctuations: Evidence from Pakistan

Abstract

The study is conducted with an aim of analysis considering the relationship amongst inflation, interest rates, and gold prices in Pakistan. Respective study utilized the secondary data which was collected from both national as well as international institutions. The results indicated that inflation, interest rates, and gold prices experienced fluctuations during the period understudy. The connection study has shown a positive relationship among the variables, whereas, the regression results have shown a statistically significant relationship. These revelations from study support both the hypotheses of the research and suggest that these fiscal variables are closely linked. The study revelations also are coherent with previous literature. Overall, the study concludes that inflation, interest rates, and gold prices are significantly related when referring to Pakistan. Findings serve as a useful insight for investors, researchers, and policymakers in understanding economic and financial market behavior.