Gold prices in India have risen due to several factors. Investors see gold as a reliable investment during economic uncertainty and inflation. Gold also serves cultural purposes in India as jewelry and an investment during special occasions and traditions. The price of gold has increased 22% in the past year in India and is expected to continue rising to Rs. 100,000 per 28 grams by next year and Rs. 250,000 per 28 grams in the following years, making it a good time to invest in gold.

1. GOLD PRICES IN INDIA
Presented By
Amal jose( 06)
Anupam Pandala(17)
Bhasker Raju(27)
C. Ravi Santosh(29)
Deepak Prabhakaran(32)
Sarika Hablani(91)

2. ABOUT GOLD
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3. REASON FOR HIKE IN PRICE
PRIMARY REASONS FOR HIKE
• Investor sees gold as reliable investment.
• Uncertainty in the economy.
• Inflation
• Gold serves both the purpose of jewellery as
well as an investment.
• Traditions and customs are attached with gold

4. REASON FOR HIKE IN PRICE
• Tendency to buy gold on special occasions
• Rise in standard of living of the people.
• Indian follow conservative approach regarding
investment.

5. PRICE RISE GRAPH

6. PRICE CHANGE IN %AGE

7. 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 by
next year and 2,50,000 for 28 grams after that, so this
is the best time to invest in gold.

8.  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.

9. THE END