Gold/INR Ratio

[Windy James]

Has anybody done a study on Gold to Indian Rupee ratio? I would like to see a historical chart. Thank you!

 

[Windy James]

It should be something like this say for one year.

 

[Windy James]

Just thinking about this gave me an idea - I used Goldbees as a proxy for Gold and divided the EOD closing price by the EOD close of USDINR. It looks like this.

 

[Riskyman]

Whats the purpose of this study? How are you going to play it?
Just curious!

 

[Windy James]

Whats the purpose of this study? How are you going to play it?
Just curious!

I wanted to see the range within which the ratio moves. Maybe I need to go back to say two more years and then plot again. I will try to post. Thanks!

 

[Riskyman]

Thanks! Good chances you wont find much correlation between the two. But will be glad to see what another 2-3 years data can tell.