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138.3 8.2
5.6
7.2
8.5
8.3
4.5
4.5
6.1
6
6.3
4.5
5.5
5.9
124.8
136.1
153
159.5
188
114.5
150.7
123.5
152.6
183.3
144.7
150.8
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
2012
2013
2014
2015
2011 26,400 31,799
26,481 26,710
26,820
2012
2013 2014
2015
Indiaisthesecondlargestbuyerofgoldacross
theglobe.Withconstantupsanddownsinthe
globaleconomy,goldpriceshaveseenthe
biggestfallsince2011.
TheRiseandFallofGold GoldDemandforJewelleryPicksUp
Goldisconsidered
anequivalentto
liquidcash
Goldisconsidered
asastatussymbol
Goldisavery
goodinvestment
Goldhasgreat
religious
significance
Goldhasgreat
ornamentalvalue
Goldhasgreatvalue
asheirloom
Conclusion
WhatistheGoldMonetisationScheme?
TheGoldMonetisationSchemelaunchedbytheRBIisanotherattempttocurbtheimport
demandsfromthecountryandthuscutthecurrentaccountdeficitsforIndia,asgoldimports
constituteasignificantchunk.Findouttheriseandfallofgold,andtheadvantagesand
disadvantagesoftheGoldMonetisationSchemebelow:
TheGoldMonetisationScheme,proposedinthisyear’sbudget,wouldenabledepositors,suchas
householdsandjewellerstoopenmetaldepositswithbanks,placetheirgoldholdingsinthem,
earninterestsonthegolddepositsandifneeded,borrowmoneyfromit.
Theschemealsointendstocirculatethestashedunproductivegoldintheeconomy,estimatedat
around20,000tons,bypullingitoutofdomesticsafesandlendingitout.
Introduction
Goldimportshavegrowninrecentmonths
Yearlygoldimports
1.8
20.7
FY09 FY10 FY11 FY12 FY13 FY14 FY15
28.8 40.7 56.5 53.8 28.7 34.4
2.2 3.1
1.8 2
3.8
4.2
9.8
1.3 1.6
2
5
3.1
APR MAY JUN JUL
2014 2015
AUG SEP OCT NOV DEC JAN FEB MAR APR
Advantages Disadvantages
ItwillbeinterestingtowatchoutforneweroffersbytheGovernmenttobringmoregoldintotheeconomy.
ThefinancialworldnowsimplifiedwithKarvyPrivateWealth.Staytunedformoreupdates!

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The Gold Monetisation Scheme - Simplified in an Infographic

  • 1. 138.3 8.2 5.6 7.2 8.5 8.3 4.5 4.5 6.1 6 6.3 4.5 5.5 5.9 124.8 136.1 153 159.5 188 114.5 150.7 123.5 152.6 183.3 144.7 150.8 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2012 2013 2014 2015 2011 26,400 31,799 26,481 26,710 26,820 2012 2013 2014 2015 Indiaisthesecondlargestbuyerofgoldacross theglobe.Withconstantupsanddownsinthe globaleconomy,goldpriceshaveseenthe biggestfallsince2011. TheRiseandFallofGold GoldDemandforJewelleryPicksUp Goldisconsidered anequivalentto liquidcash Goldisconsidered asastatussymbol Goldisavery goodinvestment Goldhasgreat religious significance Goldhasgreat ornamentalvalue Goldhasgreatvalue asheirloom Conclusion WhatistheGoldMonetisationScheme? TheGoldMonetisationSchemelaunchedbytheRBIisanotherattempttocurbtheimport demandsfromthecountryandthuscutthecurrentaccountdeficitsforIndia,asgoldimports constituteasignificantchunk.Findouttheriseandfallofgold,andtheadvantagesand disadvantagesoftheGoldMonetisationSchemebelow: TheGoldMonetisationScheme,proposedinthisyear’sbudget,wouldenabledepositors,suchas householdsandjewellerstoopenmetaldepositswithbanks,placetheirgoldholdingsinthem, earninterestsonthegolddepositsandifneeded,borrowmoneyfromit. Theschemealsointendstocirculatethestashedunproductivegoldintheeconomy,estimatedat around20,000tons,bypullingitoutofdomesticsafesandlendingitout. Introduction Goldimportshavegrowninrecentmonths Yearlygoldimports 1.8 20.7 FY09 FY10 FY11 FY12 FY13 FY14 FY15 28.8 40.7 56.5 53.8 28.7 34.4 2.2 3.1 1.8 2 3.8 4.2 9.8 1.3 1.6 2 5 3.1 APR MAY JUN JUL 2014 2015 AUG SEP OCT NOV DEC JAN FEB MAR APR Advantages Disadvantages ItwillbeinterestingtowatchoutforneweroffersbytheGovernmenttobringmoregoldintotheeconomy. ThefinancialworldnowsimplifiedwithKarvyPrivateWealth.Staytunedformoreupdates!