Gold prices above $ 1600

What is gold?

Gold is a dense, soft, shiny, malleable and ductile metal and is a chemical element with the symbol Au and atomic number 79

Why gold prices always go up? Do we have any specific reason for it?

Reason are very simple, it takes to our school of business. When demand is high price will increase,when demand is low price is low. Same rule applies to the supply too.

Source of Demand for Gold

Gold has seen consistent demand thought the History. Gold 


became a part of every human culture. Its brilliance, natural


 beauty, and luster, and its great malleability and resistance 


to tarnish made it enjoyable to work and play with. The 


following are the sources of demand for Gold.

1) Jewelry fabrication: The largest source of demand is the jewelry industry. Gold’s work-ability, unique beauty, and universal appeal make this rare precious metal the favorite of jewelers all over the world.

2)Industrial Applications:   


Besides jewelry, gold has many 


applications in a variety of industries including aerospace,   


medicine, electronics and dentistry. The electronics industry needs 


gold for the manufacture of computers, telephones, televisions, and 


other equipment. Gold's unique properties provide superior 


electrical conducting qualities and corrosion resistance, which are 


required in the manufacture of sophisticated electronic circuitry. 

3)Governments and central banks: The third source of gold demand 


is governments and central banks that buy gold to increase their 


official reserves.

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Vidayabalan - Gets rejected by detergent companies

Vidhya Balan a gift to the Indian cinema was doing roles which will cover her up from head to toe in the Past. Most of them were tradition Indian woman. Dirty Picture proved otherwise. The Role in dirty picture proved that she is one of the most talented actresses in Indian cinema.

Born in Palakkad district in kerala, she did her schooling from St. Anthony Girls' High School and graduated in Sociology from ST. Xavier’s College.

The January 1^st born lady became extremely popular in 2009 with the most coveted films in her kitty. This multi talented person portrayed 5 different characters in five different films namely Paa, Ishqiya, No One Killed Jessica, The Dirty Picture and Kahani, These roles have further established her as one of the leading contemporary actresses of Indian Cinema which earned her several major awards.