Gold

GOLD FLUCTUATION & IT’S IMPACT ON INDIAN ECONOMY

What is Gold???

USES OF GOLD

Jewellery

FINANCES AND INVESTING

 ELECTRONICS AND COMPUTERS

DENTISTRY AND MEDICINE

AEROSPACE

MEDALS AND AWARDS

WHY DO INDIANS BUY SO MUCH OF JEWELLERY?

For Making Jewellery. Investment. More Liquidity. More safety.

INDIA & GOLD India is one of the largest consumers of

Gold in the world & import as much as 800-1000 tonnes of Gold each year.

Gold imports in January has declined to 38 tonnes from 142 tonnes in April 2014.

In 2013-14, India has imported 845 tonnes. Reduction in gold imports has brought

down the trade deficit to $,118.37 billion during April-January this fiscal.

REASONS FOR FLUCTUATION OF GOLD Central Banking buying. Foreign exchange Supply & Demand Instability Inflation

IMPACT ON INDIAN ECONOMY Current Account Deficit. Exchange rate fluctuation. Inflation. Devaluation of Indian Rs.

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