Authors: Bachalakuri Naveen, Dr. K. Pushpa Latha
Abstract: An exchange traded fund (“ETF”) is a form of securities that tracks an index, sector, commodity, or other asset and may be bought and sold on a stock exchange much like a regular stock. An ETF can be set up to track anything from a single commodity's price to a huge and diverse group of securities. ETFs can even be built to follow certain investment strategies. The need and scope of the study is India is the world's largest gold-consuming country. China, on the other side, has the world's fastest-growing economy. The need and scope of the Both India and China are in the process of liberalizing restrictions governing the import and selling of gold in order to facilitate massive gold purchases. In India, online commodity trading is relatively new compared to the stock market. Online commodities trading is dominated by four exchanges: Multi Commodity Exchange of India Limited (“MCX”), National Commodity & Derivatives Exchange Limited (“NCDEX”), National Board of Trade (“NBOT”), and National Multi-Commodity Exchange of India Limited (“NMCE”). As a result, the study scope of the commodities market is relatively broad in the market, which is mostly focused on gold An analysis is carried out using performance evaluation techniques such as Standard Deviation (“STDV”), Variance, Covariance, Correlation and BETA value. Data for this study have been collected from 2017 to 2021. This research enables market analysts and investors who find the best outlook in the Gold ETF’s.
DOI: http://doi.org/10.5281/zenodo.21354433
