ZENITH International Journal of Business Economics & Management Research
  • Year: 2015
  • Volume: 5
  • Issue: 8

A study on investment in gold through commodity market with special reference to goodwill commodities

  • Author:
  • P. Anbarasan, K.J. Renuka
  • Total Page Count: 6
  • Page Number: 7 to 12

*Research Scholar, GKM College of Engineering & Technology, Chennai

**Associate Professor, Department of Management, GKM College of Engineering & Technology

Online published on 21 January, 2016.

Abstract

Gold is the precious metal with ancient history of proud and popularity. This metal is used for ornament and foremost now has been shown a different showcase of investment. “If gold rusts, what then can iron do?” -Geoffrey Chaucer, the Canterbury tales1

The study has been conducted by adopting survey method among clients from goodwill commodities, with help of questionnaire. The sample size is 85 respondents from the company chosen for the study.

The study mainly focuses on Indian commodity market, its history and latest development in the country in commodity market in multi- commodity exchange (MCX) in gold (bullions). The objectives tell about the necessity of the study. The project work is based on descriptive research, correlation, and chi-square. Simple random sample used for the data collection and percentage analysis are used for data collected through questionnaire. The study provides some findings that were interrupted from the analysis of the collected data.

Keywords

Metal, Investment, Clients, commodity market, multi-commodity exchange (MCX)