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Gold: Understanding Supply , Demand Plus Impact on Economy

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Gold: Understanding Supply , Demand Plus Impact on Economy
Contents
1 Introduction ..................................................................................... 3
2 History and the GOLD heritage ...................................................... 5
3 Study of the demand mix & USES of gold....................................... 7
- Historical Consumption patterns........................................................... 8
- Official Gold holdings …………............................................................ 9
4 Gold Supply details ………………………. ..................................... 10
-demand supply equilibrium…............................................................ 12
5 Factors impacting gold prices ...................................................... 14
5.1 Gold and the US dollar ............................................................................... 14
5.2 Gold and financial stress ............................................................................ 15
5.3 Gold and political instability ...................................................................... 16

6 Conclusion ..................................................................................... 17
7 Bibliography & Appendix ..................................................................... 18

Introduction
Gold represented by ‘Au’ (Aurium) with an atomic number 79 is one of the most inactive metal. It has a fascinating history of use in a wide range of applications besides being the premium metal for making exquisite jewellery. With the extensive research on this metal, the future will see gold being used in multifarious products and processes. This report discusses the demand and supply parameters of gold plus provides an insight on inflation in terms of changes in the value of gold.
Gold’s many valuable properties lead to its exclusive technological applications .The story of gold is as rich and multifaceted as the metal itself. On one hand, wars have been fought for it and on the other it has


References: • Why gold, not oil, is the superior predictor of inflation By David Ranson, H. C. Wainwright & Co. Economics • The impact of inflations and deflation in the case for gold By Oxford Economics • Economics- Chapter: Basic Elements of Demand & Supply - By Paul Samuelson & William D Nordhaus • Gold Demand Trends- First Qtr 2012: World Gold Council
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