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    BY Amit Kumar Singh

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    Amit Kumar Singh
    Gold is a precious metal that is traded as a commodity. There is no strong correlation between gold prices and macroeconomic factors like GDP, inflation, and interest rates. Historically, the US dollar was backed by gold until 1973 when the gold standard was removed. Global demand for gold comes from jewelry, investments, central bank reserves, and technology. The top gold producing countries are China, Australia, South Africa, the US, and Russia. Gold prices are influenced by debt issuance, inflation, emerging market demand, and seasonality. India and China are leading gold consumers through jewelry.

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    BY Amit Kumar Singh

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    Amit Kumar Singh
    40 views19 pages
    Gold is a precious metal that is traded as a commodity. There is no strong correlation between gold prices and macroeconomic factors like GDP, inflation, and interest rates. Historically, the US dollar was backed by gold until 1973 when the gold standard was removed. Global demand for gold comes from jewelry, investments, central bank reserves, and technology. The top gold producing countries are China, Australia, South Africa, the US, and Russia. Gold prices are influenced by debt issuance, inflation, emerging market demand, and seasonality. India and China are leading gold consumers through jewelry.

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    A brief about gold ,factors affecting its demand,Why to invest in gold

    Original Title

    Gold

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    Gold is a precious metal that is traded as a commodity. There is no strong correlation between gold prices and macroeconomic factors like GDP, inflation, and interest rates. Historically, the US dollar was backed by gold until 1973 when the gold standard was removed. Global demand for gold comes from jewelry, investments, central bank reserves, and technology. The top gold producing countries are China, Australia, South Africa, the US, and Russia. Gold prices are influenced by debt issuance, inflation, emerging market demand, and seasonality. India and China are leading gold consumers through jewelry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    40 views19 pages

    BY Amit Kumar Singh

    Uploaded by

    Amit Kumar Singh
    Gold is a precious metal that is traded as a commodity. There is no strong correlation between gold prices and macroeconomic factors like GDP, inflation, and interest rates. Historically, the US dollar was backed by gold until 1973 when the gold standard was removed. Global demand for gold comes from jewelry, investments, central bank reserves, and technology. The top gold producing countries are China, Australia, South Africa, the US, and Russia. Gold prices are influenced by debt issuance, inflation, emerging market demand, and seasonality. India and China are leading gold consumers through jewelry.

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    Download as pptx, pdf, or txt
    of 19

    GOLD

    BY
    AMIT KUMAR SINGH
    GOLD

     Gold one of the most precious metal in the world


    generally comes under under precious metal along
    with silver in commodities.
     There is no statistically significant correlation
    between returns on gold and changes in
    macroeconomic variables, such as GDP, inflation and
    interest rates.
    HISTORY

     In 1900 US adopts the gold standard for its currency.


     Gold standard is a monetary system in which the a
    country's government allows its currency unit to
    be freely converted into fixed amounts of gold and
    vice versa.
     However in 1973 The U.S. Dollar is removed from
    gold standard, and gold prices are allowed to float
    free.
    WORLD DEMAND

     Introduction of Gold ETF(Exchange Traded


    Funds),Increasing wealth in emerging countries like
    India, China & Latin America lead to the increase in
    the demand of gold worldwide.
     More over increasing intrinsic value & relative
    stability of gold even during economic & political
    unstability makes gold more attractive.
     Global demand for gold is centered on four primary
    categories: jewellery, investment, central bank
    reserves and technology.
     Gold demand in 2010 reached 10 year high of 3812.2
    tones.
    WORLD DEMAND
    DEMAND & GOLD PRICE
    GOLD PRICE
    WORLD SUPPLY
    PRODUCTION CENTRES

     The top 5 countries contributing majorly in gold


    production are :
    China - 12.8%
    Australia - 9.4%
    South Africa - 8.9%
    USA - 8.9%
    Russia - 7.9%
    WORLD MARKET

     Today's gold market is a round-the-world & round-


    the-clock business.
    Zurich Gold Market
    London Gold Market
    New York Market
     Dubai, Singapore and Hong Kong Market
    GOLD RESERVES

     A gold reserve is the gold held by a central bank or


    nation intended as a store of value.
     Any form of commodity, asset, or money that has
    value and can be stored and retrieved over time.
    CONSUMPTION

     Around 60% of today’s gold becomes jewellery,


    where India and China with their expanding
    economic power are at the forefront of consumption.
    FACTORS INFLUENCING GOLD PRICE

     Gold Demand rises as Governments issue


    debt and print money
     Scarcity and Falling Gold Supply
     Global Inflation
     Demand from Emerging Markets
     Seasonality
    WHY INVEST IN GOLD ?

     Growth in value: The average growth rate of gold


    is 20.3 per cent.
     Less Risky
     Liquidity
     Alternate uses
    THANK YOU

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