Forecasting Gold Price with Auto Regressive Integrated Moving Average Model
The present study forecasts the gold price of India by using ARIMA (Auto Regressive Integrated Moving Average) model over a period of 25 years from July 1990 Fantasy Art to February 2015.The study also uses Mean Absolute Error(MAE), Root Mean Square Error(RMSE), Maximum Absolute Percentage Error(Max APE), Maximum Absolute Error(Max AE), and Mean Ab