gold prices in india fi

7/31/2019 Gold Prices in India Fi

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ABOUT GOLD

Gold is the best performing assets over the years with

continuous price hike.

Regulation of gold on international level is done byworld gold council.

In terms of investment, jewellery consumption andindustrial demand, it accounted for 600 tones of total

global demand.


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FORMS GOLD

Exchange-traded funds

Pooled accounts

Bullion Mining stock

E-Gold


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REASON FOR HIKE IN PRICE

PRIMARY REASONS FOR HIKE

Investor sees gold as reliable investment.

Uncertainty in the economy.

Central Bank and IMF.

Inflation

Gold serves both the purpose of jewellery aswell as an investment.

Traditions and customs are attached with gold


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Tendency to buy gold on special occasions

Rise in standard of living of the people.

Indian follow conservative approach regardinginvestment.

REASON FOR HIKE IN PRICE


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PRICE RISE GRAPH


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PRICE CHANGE IN %AGE


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DEMAND
http://goldratefortoday.org/central-banks-gold/top-20-gold-reserves/


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Gold demand in the third quarter of 2011 reached 1,053.9

tonnes.

Gold prices on all time high& Gold demand for ETFs doubled

41% of demand from India & China

Investment demand remains strong

Jewellery demand in India was sluggish during the seasonally

slow months of July and August.


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Since 2003, investment has represented the strongest source of growth in

demand.

Industrial, medical and dental technology accounts for around 12% of gold

demand (an annual average of over 434 tonnes from 2005 to 2009).

The growth in investment demand has sparked numerous innovations in gold

investment.


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PRICE OUTLOOK


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VOLATILE OF GOLD VS EQULITY


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GROWTH OF GOLD RATE


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INFLATION RATE VS GOLD RATE


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GOLD IMPORTS VS PRICES


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%AGE RESERVE


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SUPPLY Gold is produced from mines on every continent except Antarctica, where

mining is prohibited.

There are several hundred gold mines operating worldwide ranging in scale

from minor to enormous.

This figure doesnt include mining at the very small-scale, artisanal and often

unofficial level.

Today, the overall level of global mine production is relatively stable. Supply

has averaged approximately 2,497 tonnes per year over the last several years.

The high value of gold makes recovery economically viable. Between 2005and 2009, recycled gold contributed an average 32% to annual supply flows.

Central banks and multinational organisations hold one-fifth of global stocks

of gold as reserve assets .The governments hold around 10% of their official

reserves as gold, although the proportion varies country-by-country.


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The advanced economies in Western Europe and North America hold on

average over 50% of their external reserves in gold.

The appetite for sales among these countries has dwindled away to

practically zero.

The bulk of sales from central banks have been regulated by the which

have stabilised sales from 15 of the world's biggest holders of gold.

The gold sales from official sector been diminishing in recent years. Net

central bank sales amounted to just 41 tonnes in 2009.


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PRICE OUTLOOK

After the economic crisis of 2008 a number of

economists and gold traders believe that the increasing

wealth with regards to the global population over the

past decade was not real.

In India gold is still trading in the Rs.27555 for 10

grams, in the past 1 year the glittering metal has gained

22%.

Further expected to rise to 1,00,000 for 28 grams bynext year and 2,50,000 for 28 grams after that, so this

is the best time to invest in gold.


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Value of gold in the government's treasury has grown

by over Rs 1, 00,000 crore in about two years.

Currently RBI is holding gold estimated at 557.7

tonnes valuing about Rs 1,60,000 crore.

The total gold that India holds right now is the 10th

largest in the world.WGC had said that the global gold demand had risen

by six per cent.


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THE END

gold prices in india fi

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