138.3 8.2

5.6

7.2

8.5

8.3

4.5

4.56.16

6.34.5

5.5

5.9

124.8

136.1

153

159.5188

114.5

150.7

123.5

152.6

183.3

144.7

150.8

Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1

2012

2013

2014

2015

2011 26,400 31,799

26,481 26,710

26,820

2012

2013 2014

2015

India is the second largest buyer of gold across the globe. With constant ups and downs in the global economy, gold prices have seen the

biggest fall since 2011.

The Rise and Fall of Gold Gold Demand for Jewellery Picks Up

Gold is considered an equivalent to liquid cash

Gold is consideredas a status symbol

Gold is a verygood investment

Gold has greatreligioussignificance

Gold has great ornamental value

Gold has great value as heirloom

Conclusion

What is the Gold Monetisation Scheme?

The Gold Monetisation Scheme launched by the RBI is another attempt to curb the importdemands from the country and thus cut the current account deficits for India, as gold importsconstitute a significant chunk. Find out the rise and fall of gold, and the advantages and

disadvantages of the Gold Monetisation Scheme below:

The Gold Monetisation Scheme, proposed in this year’s budget, would enable depositors,such as households and jewellers to open metal deposits with banks, place their gold holdings in them,

earn interests on the gold deposits and if needed, borrow money from it.

The scheme also intends to circulate the stashed unproductive gold in the economy, estimated at around 20,000 tons, by pulling it out of domestic safes and lending it out.

Introduction

Gold imports have grown in recent months

Yearly gold imports

1.8

20.7FY09 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 1.62

5

3.1

APR MAY JUN JUL2014 2015AUG SEP OCT NOV DEC JAN FEB MAR APR

Advantages Disadvantages

It will be interesting to watch out for newer offers by the Government to bring more gold into the economy.

The financial world now simplified with Karvy Private Wealth. Stay tuned for more updates!