PROLONGING RISE IN PRICE OF GOLD

Presenting By, ARTHY PRIYANKA SARANYA

AGENDA
Introduction Gold - A Coin that Crowns Causes for the hike Effects of the hike Road to Rs 2.7k Future of GOLD Conclusion

INTRODUCTION
Gold is one of the most ancient piece of metal used in INDIA Gold is the most malleable and ductile of all metals A single gram can be beaten into a sheet of 1 square meter, or an ounce into 300 square feet

GOLD A COIN THAT CROWNS

GOLD is currently the most attracting metal ornament Gold, in competition with petrol, is urging a surplus need

GOLD A COIN THAT CROWNS(contd.)

Today, even the bride, is valued with the amount of gold she possess A comman man who invested Rs 1000 at 80s is now kaun banega crorepati

CAUSES FOR THE HIKE

An under supply of newly-mined gold. The value of Indian Currency The never-ending story of the US trade deficit. The falling dollar has been pushing up the price of gold to new heights High demand for the yellow metal Global investors remain dramatically underinvested in gold.

EFFECTS OF THE HIKE

Gold will become the precious metal only for high class people The Quantity of Gold purchased widely varies with that of the amount spent on it. Even to buy 1 gram of gold, a daily wager has to save for one year

ROAD TO 2.7K

FUTURE OF GOLD
Economy Fear Demand Reflation Financial Crisis

CONCLUSION
The price hike in gold is a never ending process which keeps on a positive slope. The craze and demand for gold will exist forever even if 1gm is Rs.5000

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