In this article we will be looking on the impact of coronavirus in the economy and the world. Before digging into the subject of this discussion; let us first discuss what is coronavirus? And why has it become something very serious for the world? Coronaviruses are a large family of viruses that cause illness ranging […]
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Educated Unemployment in India
One of the burning issues, Educated Unemployment in India is at alarming rate. Before diving into the topic, let’s look into some interesting facts about education sector of India. In India, we have 821 universities in total. It includes 49 central universities, 367 state universities, 123 deemed universities and 282 private universities. According to online […]
Is there an economic slowdown in India?
Is there an economic slowdown in India? The hike in NPAs (Non-Performing Assets) and lowest downfall of GDP (Gross Domestic Products) in last six years, contributed tremendously in acceptance of this fact in country. According to the latest annual report of RBI, indian economy has hit a rough patch. This is a clear indication for […]
How Jewellery Is Made? Types of Skills Required
How jewellery is made? It is one of the questions, that keeps disturbing the jewellery lovers. In this article, I am going to tell you about the various steps and the types of craftsman, required to make one piece of ornament. Just like in the field of medical, we have numerous fields of studies and […]
Demand and Supply of gold affects gold prices in India
In economics, terms of demand and supply are widely used. The law of demand and supply is true for the gold and silver also. Let us try to understand this concept with an example. In latest budget of 2019, government of India has increased the import duty on gold from 10% to 12% which resulted […]
Economy Factors on global level affects gold prices.
Economy Factors on global level affects gold prices in the form of global uncertainity. It includes the political and geopolitical uncertainity. Even today, political and geopolitical uncertainity remains the biggest factor driving the prices of gold. Central Bank like US Fed, The Bank of Japan, have strong impact on gold prices with their monetary policies.
Differences between types of Gold
Gold, as a metal, does not have any other forms. There are different types of gold when it comes to the types of gold jewellery. Such as: White Gold. It is type of gold jewellery with alloy of gold and at least white metal like silver or nickel with rhodium plating. The purity of white […]
Effects Of Inflation On Gold Price
Effects of Inflation are high on gold price. How? With the rise in inflation, the value of currency declines. In result, people start holding money in form of gold. If inflation remains for longer period of time, gold becomes a tool to hedge against inflationary condition. It shoots up the prices of gold in time […]
Foreign trade Policies affects gold prices
In this article, we will see How Foreign trade Policies affects Gold Prices? None of the country of this world is capable enough to cater its nations’s needs on its own. This is the reason why every country indulges into foreign trade. In fact, whether a country is opened or closed depends on its openness […]
Government Gold Reserve Affects Gold Price
Government Gold Reserve Affects Gold Price. How? Government of a country with their banks plays a keen role in prevailing gold prices in the country. As in India, Reserve bank of India, holds the right of supply of gold in the market. If RBI starts holding gold, the supply of gold will decrease in the […]