A Study on the Prospects of Gold Etfs in India

A Study on the prospects of cash Equity Traded line in India Dr. Sybila Pius Fernandez, Sel. Grade Lecturer, St.Xaviers College for Women And Ms. Mallika Mathew, Faculty, Department of Management Studies, Toc H instal of Science & Technology Introduction Gold occupies a special place in the financial market. On one level, its simply a goodness metal in wide use in diverse electrical industries, for dental fillings and for jewelry. However, for many centuries cash served as the universally recognized sour of money. Gold coins could be issued by conglomerate countries, kingdoms and emperors. But they were always worth whatever they weighed. Coins of the same lading bought the same amount of good whether issued in Rome or China. It now has enormous emotional appeal. Many people retrieve it is the true store of monetary nourish. India is the worlds largest money consumer market. In India, halcyon is seen a sign of security as well as sign of prosperity. Gold is considered as form of money and is considered as one of the foundation assets for an Indian dwelling house and a means to accumulate wealth. In 2009, India accounted for 15% of the coin global market.

Over the past 10 years the value of gold demand in India has change magnitude at an ordinary of 13% per year outpacing the countrys real GDP, ostentatiousness and population by 6%, 8% and 12 % respectively. Gold Jewellery accounted for 75 % of the total Indian gold demand, the eternal sleep being investment (23%) and decorative and industrial (2%). During first half(prenominal) of 2010,Indian net retail investment in gold increased by 264% to 93 tonnes. Net retail investment comprises individuals grease ones palms of coins and bars. There is a growing interest in gold investment stimulated by high savings balance (30% of total income of which10% is invested in gold) and the increasing gold investment opportunities addressable to Indian investors. Thanks to the current economic and political turmoil, gold is in demand as a store of value. Its done for(p) from about... If you want to get a full essay, order it on our website: Orderessay

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