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GOLD FLUCTUATION & IT’S IMPACT ON
INDIAN ECONOMY
USES OF GOLD
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.
Gold

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