Tuesday, January 28, 2020
The Effect of Different Levels of Radiation in Growth of Plants Essay Example for Free
The Effect of Different Levels of Radiation in Growth of Plants Essay ABSTRACT The effect of different levels of radiation was determined using four set-ups-10kR, 30kR, 50 kR, and the control (no radiation). The four set-ups were observed for nine weeks and growth (in cm), germination, and survival rate was measured. Results showed that at the right level of radiation level (10 kR), radiation have a positive effect on the plant growth and has the same germination and survival rate from the control set up. The 30 kR set up and 50 kR set up are relatively smaller in growth than the control set up. Thus, increasing the radiation level above 10 kr corn inhibits its growth in terms of height and decreases the percent germination ofcorn (Zea mays L.) but with right amount of radiation at 10 kr radiation has a positive effects in terms of growth. INTRODUCTION According to (Mendioro, Laude, Barrion, Diaz, Mendoza, Ramirez, 2010), Mutations are changes in the genetic material that are heritable and essentially permanent. Mutations either may be spontaneous, or induced by physical or chemical agents. Ionizing radiation such as X-rays, protons, neutrons and alpha, beta, and gamma rays from radioactive sources like radium and cobalt-90, X-rays and other ionizing radiation is one of the common mutagenic agents that break DNA strand which produce chromosome breaks rather than base changes (Ramirerz, Mendioro, Laude, 2010). Ionizing radiation can penetrate tissues and undergo ionization forming ions. These ions undergo chemical reactions to have a stable chemical configuration. While doing these, ions produce breaks in chromosomes, (DNA) which induce mutation (Das, 2006). The biological effect of ionizing radiation depends mainly on the amount of energy absorbed by the biological system of which, of course, the chromosomes are the most target (Harten, 1998). However according to Wort (1941) as cited by (Sax, 1955) wheat seeds irradiated with low doses of X rays produced larger plants than the control. The study aimed to determine the effect of different levels of radiation on plant growth in corn (Zea mays L.). The specific objectives were: 1.Toà observe the effects of different levels of radiation on plant growth in termes of height, germination, and survivability, and 2.To explain the observe effects of radiation in corn (Zea mays L.) to its growth. MATERIALS AND METHODS To assess the result of different levels of radiation in plant growth of corn, corn seeds were irradiated at varying doses: 10 kR,30 kR, and 50 kR. These irradiated seeds were at the same time and the same place including the control set-up. For nine weeks, the data for plant growth (cm), germination rate(%), survivability rate (%) were collected and tabulated. RESULTS AND DISCUSSION As seen in Table 1, results show that the the set-up that was irradiated with 30 kR and 50 kR ended the lowest percent germination while the set-up that was irradiated with 10 kR was the same with the control based on percent germination which is 100%. At the first date of observation, the lowest in average height is the set-up that was irradiated with 50 kR. With the same date and place of planting, you can conclude that radiation has an effect to the plant growth, germination, and survival of the plant. You can see at the Graph 1 that the control set-up and the 10 kR set-up are almost the same but in the end of the graph, the 10 kR set-up was the highest in terms of average plant height.à At 50 kR, the plant cannot survive anymore due to the radiation and no data was recorded because the survival rate is 0% means all the plants in the 50 kR was dead.à Unlike in the 10 kR, 30 kR set-ups was relatively lower than 10 kR setup in terms of plant growth, survival rate and germination rate. Plants have some resistant to some radiation because plants do not have lotions and sunblocks and they need sunlight for photosynthesis and we know that the sun emits UVà rays. SUMMARY AND CONCLUSION The effect of different levels of radiation was observed by irradiating corn seed using three different setups-10 kR, 30 kR, and 50 kR. Data was collected and shown. Thus, there is a certain level of radiation that can make a plant grow more. In this experiment, we conclude that at 10 kR, corn plants grow better because of mutation. Furthermore, this experiment is subjected to further reseach to improve the conclusion that at certain level radiation, plants grow better. Bibliography Das, L. D. (2006). Genetics and Plant Breeding. New Age International Ltd. Harten, A. M. (1998). Mutation Breeding: Theory and Practical Applications. Cambridge University Press. Mendioro, M. S., Laude, R. P., Barrion, A. A., Diaz, M. Q., Mendoza, J. C., Ramirez, D. A. (2010). Genetics: Laboratory Manual 12th Revision. 7 Lakes Printing Press. Ramirerz, D. A., Mendioro, M. S., Laude, R. P. (2010). Lectures in Genetics Ninth Edition. 7 Lakes Printing Press. Sax, K. (1955). The Effect of Ionizing Radiation on Plant Growth. American Journal of Botany, 360-364.
Monday, January 20, 2020
Night before x-mas parody :: essays research papers
ââ¬ËTwas the night before spring break, when all through the city Lots of young people were stirring, awake in their house; The short pants and short sleeves were hung in the closet with care, In hopes that warm weather soon would be there; The children were restless being stuck in there beds, While visions of pre-summer fun danced in there heads; And dark in the window and I on the couch, Had just woken up from a quick evening nap, When out on the lawn there arose such a clatter, I sprang from my resting place to see to see what was the matter. Away to the window I flew like a flash, Turned on the light and threw up the sash. The moon on the rest of the fresh spring grass Gave the luster of morning to objects below, When what to my sleepy eyes should appear, But a kid on a razor scooter, offending my ears. With a little young rider so lively and quick, I knew in a moment it must be a neigbor. More anoying than anything was the grinding that came, As he rumbled and grumbled down the pavement he came; As dry leaves before the wild hurricane fly, When he meets a small rock scooter and rider will fly, So down to the street corner he flew, With a frown on his face and a broken scooter too. And then, in a twinkling, i heard on the street The jumping and screaming and each muffled oof. As i drew in my hand and was turning around, Up from the pavement he came with a bound. He was dressed all in new clothing from his head to his foot, And his clothes were all tarnished with dirt from a nearby tree root; A beat up scoter he had flung on his back, And he looked like he was homeless and high on crack. His eyes didnââ¬â¢t twinkle, his dimples not merry! His cheeks were filled with embarrassment and his face red as a cherry! His droll little mouth pulled down in a frown, And the amusement of his actions compared with a clown; The stump of a handlebar he held tight in his hand, And the thought of his misfortune circled his head, He had a broad face and a round little belly, That shook when he walked like a bowlful of jelly. He was chubby and plump, a right sorry young elf, And i laughed when i saw him, in spite of myself;
Sunday, January 12, 2020
Elizaââ¬â¢s Transformation in Pygmalion by George Shaw Essay
In the play Pygmalion by George Shaw, Eliza experiences a type of transformation. Before Eliza first encountered Mr. Higgins, she was a dirty, improper, poor young girl. During her time with both Mr. Higgins and Colonel Pickering, Eliza did change. Her change seems so go in somewhat of a cycle, however. For the fist few weeks of her stay she questioned everything that Higgins asked her to do. She simply was unable to see how they would help her. Later, Eliza begins to understand that even though Higginsââ¬â¢ ways are so harsh, he is doing his best to teach her and he deserves some cooperation. After the ambassadorââ¬â¢s ball, we see more of the old Eliza because her task is finished. She starts to worry again, and since she has grown attached to Higgins and Pickering, she is so upset that they still see her as something of little value. Elizaââ¬â¢s upper-class speech and manners can be observed, but her inner confidence is what changes the most. In the beginning of Higginsââ¬â¢s study, Eliza feels that she has to impress Higgins by making sure he knows that she arrived in a taxi. Eliza does not understand Higginsââ¬â¢ personality at first and feels like he is being specifically mean to her. During her lessons, Eliza is worked so hard she begins to regret allowing herself to put up with Higgins as a teacher. Her hatred towards the man disappears a little bit when she realizes that she can only accomplish her dream of working as a lady in a flower shop if he is shapes her into a lady. She tried to hide the anger built up because of Higgins and think of him as more of a friend. She does not realized at first that Higgins takes pride in his work and not his student. She soon realized that Higginsââ¬â¢ investment in her was merely a tool used to enhance Higgins reputation in society. Higgins showed no appreciation towards Eliza as he repeatedly boasted about his success, and he not once acknowledged her. Higgins was able to transform Eliza into a lady, but what he did not realized was that he had slowly been making Eliza a stronger person. During the process, his constant beating on Eliza made her realize that she did not deserve his disrespect. She begins to stand up for herself and believe in her worth. This is illustrated in Elizaââ¬â¢s throwing the slippers at Higgins. Eliza finally stands up to Higgins and does it in a bold way. Higgins was able to change Eliza. Originally she was an innocent girl trying to stay alive. Higgins through the introduction to a proper life-style had altered Elizaââ¬â¢s way of thinking. It was good for Eliza to become stronger as she did. At the end of the play, she becomes overpowering to Higgins, her beauty becomes irresistible as Higgins realizes that she is leaving. It took the threat of Eliza leaving for him to see his true feelings towards her. Elizaââ¬â¢s strength is shown the most when she is finally able to leave Higgins. She shows that she is able to take care of herself and does not need Higginsââ¬â¢ superficial changes to survive.
Saturday, January 4, 2020
Gender Stereotypes And Its Effects On Society - 893 Words
In society it is very hard to get away from sexism. It shows up in the media, clothing products, toys, and even television shows. Not only do we have lingerie commercials on television but now they consist of very skinny models with big breasts and of course they are gorgeous and a size zero. What ever happened to the overweight women, or the flat chested lady that just had three kids, why is she not on the runway showing off the new items for Victoriaââ¬â¢s Secret? From a marketing perspective; sex sells. It is unfortunate that it has to happen at all, not only does it happen to women but also to men. Both genders are being portrayed as sexistââ¬â¢s objects in many different aspects in our society. No matter where we go it seems that sexism pops up in even the most unexpected ways. Going out shopping looking for pictures frames I never expected to find a sexy woman shown on a piece of paper in the picture frame. Does the marketing company think that I am going to buy this certain type of frame because the girl can hold her hair a certain way and make a seductive look with her eyes? Not so much, but a male client maybe more enticed by this womanââ¬â¢s look. Why do these companies feel that this is necessary? Do they really make that much more money by making items have the sex appeal? In 2013, the United States advertising made over $103 billion in revenue (Bush, Nagelberg, Campbell, n.d., para. 1). Most of the products that generally use sexist images are those of advertising forShow MoreRelatedGender Stereotypes And Its Effect On Society1418 Words à |à 6 Pagestheir role in society is associated with masculine ideals. Generalizations that exist are such of men should; b e athletic and strong, be in charge, be the head of the family, to make the money, to want sex, and not show emotions. These generalizations are portrayed and instilled in our lives from media influence to even the adults in our lives telling us so. Males all over the world grow up trying to abide by the set limits society deems a male should do. The mindset of todayââ¬â¢s society is tainted withRead MoreGender Stereotypes And Its Effect On Society966 Words à |à 4 Pagesand images that surround us become a part of the culture in society and typically represent and reinforce a fabrication of gender roles, which ultimately frames gender stereotype. This is known as the gender ideology, a process that society considers normal and because of this, we abide by these distinctions without realizing the repercussions. Nonetheless, the advertisers and editors of images put forth great effort in molding each gender differently. Women, for example, obtain an ideal view as beingRead MoreGender Stereotypes And Its Effect On Society861 Words à |à 4 PagesZac Galifianakis once stated, ââ¬Å"Welcome to our society. You will be judged on what you wear, your taste in music, what you look like, and how you act. Enjoy your stay.â⬠Todayââ¬â¢s society lives under optimum power, commonly known as a democracy. Actually, humanity has so much power that it is able to manipulate peopleââ¬â¢s behavior and perception in life. Unfortunately, society expects a certain behavior from everyone. For example, men are expected to go to work and bring wealth to the family while womenRead MoreThe Role Of Gender And Stereotyping Of The Sexes Essay972 Words à |à 4 PagesIn this paper I will discuss how the role of gender and the stereotypes of the sexes relate. I will also discuss the childââ¬â¢s perception of their male and female superiors and in the way they carry out their own behavior in regards to what has been introduced to them. In this paper I want to also expand on the basic stereotypes that we as individuals portray toward a gender. Gender and stereotyping is among a broad spectrum. There is an expansive amount of content, but the concept still remains theRead MoreHow Women Are Portrayed On Advertising And The Second Looks At This Time1104 Words à |à 5 Pageshas on women in society. 2. State the claim the study supports The scholarly article I am reviewing is a research article that did two separate examinations on the role of humor in gender stereotypes. The first one is the role of humor seen in television advertisements and the second looks at peoples attitudes toward humorous and non-humorous ads that have gender stereotypes in them and how that would affect a persons desire to buy. There has been a lot of research done on the gender stereotyping,Read MoreGender Roles And Gender : A Season Of Madness By Hanan Al Shaykh950 Words à |à 4 PagesGender Roles And Gender Stereotype Problems in society Gender problems are big problems in society. Although today s gender problems are better than before, it still cannot be resolved completely. There are many kinds of gender problems. For example, gender role, gender identity, gender stereotypes and gender-equal problems. The short story A Season of Madness, by Hanan Al-Shaykh, shows some problems of genders and society. In A Season of Madness, the author tells a story of a Lebanese woman-Read MoreThe Negative Effect Of Stereotypes1613 Words à |à 7 PagesThe Negative Effect of Stereotypes in Comedy We all laugh at the things we see in the media that are perceived as funny; whether it be appropriate or offensive. One of the most popular subjects that comedians and comedy shows rely on is stereotypes. Stereotypes play a large role in society and the everyday lives of individuals. These stereotypes have resulted in blurred assumptions of others based on what we see and hear in the media. The use of stereotypes in comedy to make something funny has aRead MoreStereotyping : Stereotypes And Stereotyping1494 Words à |à 6 Pages In everyday life Stereotypes are used, they are directed towards ethnicity, gender, and education. ââ¬Å"In ethnicity, we have the ideas that each race is a certain wayâ⬠(Aronson. The impact of stereotypes). Here are a couple of examples for blacks, they all can run fast, and that they are all about the welfare system. ââ¬Å"For Hispanics they are stereotyped as being crazy, loud, lazy, drug dealers, illegal immigrants, and sluttyâ⬠(Typical stereotypes of Hispanics). The stereotypes of ethnicity is causingRead MoreGender Roles And Stereotypes1719 Words à |à 7 PagesWhether it is consciously or unconsciously, we humans tend to characterize people by their gender. ââ¬Å"Often, gender expectations or stereotypes shape our thoughts and interactions with others in subtle yet perceptible waysâ⬠(Block 1). When children enter the school environment, they will likely experience a number of issues relating to gender. They will continue to encounter gender issues thr oughout their lifetime, so it is important that we teach them to address these issues appropriately. TeachersRead MoreStereotypes And Stereotypes Of Gender Stereotypes1588 Words à |à 7 PagesSociety today holds many stereotypes, and sometimes people will rebel against the stereotypes in order to embrace the individual and oppose social norms. However, some stereotypes are harder to rebel against than other. A stereotype that might be harder to break, either because the people who believe in that stereotype are too ignorant to look past it or because the people who need to rebel are not able to, is gender based stereotypes. One example of this type of stereotype is when gender roles appear
Friday, December 27, 2019
Violent Video Games Affect Us - 879 Words
Violent Video Games I personally enjoy playing video games myself, but I was never those aggressive hardcore gamers. I also never thought much about these different types of games because I only see them as a time to waste when youââ¬â¢re bored or to have fun. However, I have seen my younger siblings, who are in elementary to junior high school; watched these kind of violent games on YouTube, I would hear faint violent yelling or common conversations from their room. Iââ¬â¢ve also noticed that there are a lot of adventure games where a character has weapons to defend themselves from threats, and it got me curious if these types of games will affect us in some way. Since Iââ¬â¢m a casual gamer, I thought this topic would be interesting because Iââ¬â¢ve never thought much about violent video games causing people to become more threatening. So does violent video games affect us to have a violent behavior? As more video games has these sort of styles such as: fighting or shoo ting control; many people believed that violent video games could cause them to become aggressive while others refused to believe such nonsense. Each side of the arguments both has collected very good fair amount of data ranging to other peopleââ¬â¢s views, facts, and statistics along with interviews from professionals who did studies on this topic. Furthermore, the University of Georgia in 1985 made a discovery that arcade games cause an increase in physical aggression. However, a year later, Albert Einstein College ofShow MoreRelatedViolent Games And Violent Video Games1122 Words à |à 5 PagesAs video game images become increasingly more realistic and graphic. Therefore, is there any link between the violence depicted in those games and violence in real life? Students are the main group people who played violent video games very often. Also, losing a game causes many people to have a negative impact. Last, the attitudes on violent game and antisocial. Games are everywhere around us, such as cellphones, televisions, or computers, but violent games are the most popular type of game. TheRead MoreVideo Game And Violent Video Games1574 Words à |à 7 PagesAlong with the rapid development of the internet in recent years, game and violence game have become companions of young people. We could not deny the fact that video game al ready has strong attraction for many people. Especially in todayââ¬â¢s society, when work pressure is growing, gaming is an effective solution to relieve tension, dispel feeling of fatigue, anxiety. Playing the normal video game, which it not include any violence scenes, plus regulatory reasonable playing time can help players relaxedRead MoreVideo Games : An Increase Level Of Aggression1327 Words à |à 6 PagesHollingdale and Greitemeyer (2014), Video games that are violent are identified as very popular games that are played by the consumers. There is a concern that violent video games may pose a public health risk due to the levels of aggression due to the effects of the video games. In a cross sectional studies it has been found that there is a positive correlations with real life and video game aggression. Also in longitudinal studies shows that playing violent video games constantly it can predict thatRead MoreAnalysis Of The Movie Virginia Tech 1600 Words à |à 7 Pag eshis fury and he was shooting everyone who was unfortunate enough to cross his path. After what Iââ¬â¢m sure felt like hours 26 teachers and students laid dead before Adam Lanza took his own life. This was by far one of the worst school shootings in the US and only falls in comparison to the largest school shooting in history ââ¬Å"Virginia Techâ⬠according to CNN.com (CNN, 2014, pg1) These storyââ¬â¢s of horror will live on throughout the generations to come and will be discussed in great detail for what I presumeRead MoreViolent Video Games Do Not Equal Violent Kids1224 Words à |à 5 PagesVideo games are very misunderstood by adults. They seem to believe violent video games leads to violent kids, but that is just not true. Violent video games really donââ¬â¢t do any damage on the psyche of a child that was not already damaged, and if there is no damage already than no damage shall be dealt. People say violent games like Call of Duty and Grand Theft Auto have bee n the cause of many school shootings which is just not true. Millions of people play violent video games every day and none ofRead MoreDo Violent Video Games Cause Aggressive Behavior?1383 Words à |à 6 Pages Do Violent Video Games Cause Aggressive Behavior? Samantha Remesz Saginaw Valley State University Abstract This paper explores violent video games and their affects on peopleââ¬â¢s behavior and emotions. An experimental study was done by Smith, Lachlan, and Tamborini and is investigated further. The researchers wanted to examine peopleââ¬â¢s behavior after playing violent video games as well as nonviolent video games and compare the differences of the two. The study observes boys and girlsRead MoreViolent Video Games and Their Impact on Children850 Words à |à 3 PagesViolent Video Games and Their Impact on Children Outline Introduction A. Thesis: Although there are some reports of such games terribly impacting children, most research says that the violence in them is understood to be unrealistic, and thus not internalized and regurgitated back through increased aggressiveness in behavior. Reports Showing Violent Video Games Increase Aggression Exposure to violent video games has been lined to increases in aggression. Such reports have linked violent videoRead MoreViolent Behavior : The Contributors1706 Words à |à 7 PagesTriggering Violent Behavior: the Contributors Violence can be everywhere but what may actually trigger violent behaviors is difficult to figure out. Many believe violent behavior is triggered by a certain outcome. Although this may be true, violent behavior can be triggered by a combination of factors. Media, Chemicals, and even society are all known as factors that can influence one to become violent. Forms of violent behavior include aggression, aggravation, and/or frustration. Aggression isRead MoreGame over: the Effects of Violent Video Games on Children Essay1416 Words à |à 6 PagesGame Over: The effects of Violent Video Games on Children Seven hours. That is the amount of hours a day the average American child plays a video games (Anderson 354), and with technology advancing and games becoming more graphic, the concern over a violent gameââ¬â¢s effect over a childââ¬â¢s development is growing. What does playing video games for seven hours do to a childââ¬â¢s development? Violent, role-playing video games adversely affects a childââ¬â¢s development and causes aggression in children and adolescents;Read MoreThe Effects of Violent Video Games Essay1685 Words à |à 7 Pages Since violent video games, like Mortal Kombat, were created, adolescents who play these games become more aggressive than before. To me, playing violent video games is unsafe for these people since they have the negative influence on these people. I believe that researching on that topic would help us get the sense of what problems to avoid. I wish to know what are the possible effects of violent video games on adolescentsââ¬â¢ agg ression. The independent variable is violent video games, and the
Wednesday, December 18, 2019
My Experience At The Wyoming Girls School And Casa
After high school I thought I knew exactly what I wanted to do. I went to college thinking that I would pursue my degree in child psychology and live happily ever after. Soon after starting school I realized that while I thought it to be interesting, it wasnââ¬â¢t something I wanted to pursue for the rest of my life. I foundered; I had no direction. I knew that whatever my career was going to be, it needed to be centered around children. Years later, I had the opportunity to work at the Wyoming Girls School and CASA. I fell in love with the idea of helping at-risk youth. So naturally I was drawn to social work. Iââ¬â¢ve always felt that if one human being is capable of helping another, it should be done without a second thought. Having worked atâ⬠¦show more contentâ⬠¦This is good news for me, as the potential to start my career right out of college is exponentially higher. On the other hand, it is also saddening to think there are that many families and children who req uire that amount of specialized help. While overall employment is expected to increase, the OOH did say that there could be limited available funding on the federal, state, and local levels. When you are working in an often times turbulent atmospheric environment like social work, one has to expect that a straight 9-5er is not going to happen. The OOH states that working evenings, weekends, and holidays should be expected. Should the need arise, doing house calls when clients are available (which is usually evenings and weekends) is something that would need to be considered from all those pursuing this type of work. So working more than 40 hours a week would be the norm for this sort of position. Also, large case loads are a probability with this profession. On average, social workers in this field make between $44,370 and $54,590; which is right around where I wanted to be. Like most careers that involve specialized training, to enter into social work at an entry level you have to have in the least a bachelors degree. While attaining the degree, most programs require the students to do observed field work and internships. While a bachelors
Tuesday, December 10, 2019
Impact of Gold on GDP free essay sample
Impact of Gold on GDP In ancient times, India was referred as Golden Bird and In the modern times, She has emerged as the largest consumer ot gold in the world. The importance ot gold can be understood in the saying all glitters are not gold. Gold is an important participant in Indian culture, traditions and economic policy. Gold has several applications or uses and the main reasons why Indians take to gold are: Gold is considered an equivalent for liquid cash: Gold is highly liquid and portable as a Security or Asset. It can be converted to cash anytime when an emergency arises and Is considered a friend In eed. Gold is considered as Status Symbol: Especially in India gold symbolizes wealth. often, gold Is Important consutuent of the bridal wealth In the wedding. Indian weddings without gold are unimaginable. Gold is a very good investment: Gold is an asset which has consistently increased in value and thereby considered as a safe and secure Investment. We will write a custom essay sample on Impact of Gold on GDP or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Gold Is considered an effective diversifier which helps to reduce portfolio risk. Gold Is considered as a good gift item: Gold is precious and worthy across all cultures and times. The gold Jewelry Is given as gifts during weddings, festivals and other pecial occasions. Gold has great religious significance: Gold is the symbol of the Hindu Goddess Laxmi and considered highly auspicious. Gold is brought or presented on testivals like Dhanteras and Akshaya Tritiya. Toe rings are never made of gold as it represents the goddess of wealth and should not be soiled by touching a humans feet. Great Ornamental Value: Women of every age and time have always loved wearing gold ornaments. Moreover. Gold Ornaments are never out of fashiorn It also may be remembered that Wedding rings are also traditionally made of gold to mark a long asting relationship. Great value as Heirloom: Gold jewelry is something which can be passed down from one generation to the other as ancestral property Not only In India, but In rest of the world also, gold Is also one of the most valuable assets. Like most of the commodities, gold prices are also determined by demand and supply. The global demand for gold has many layers. For the last 5 years, Jewelry has consisted of of the overall demand for gold. The major players for gold jewelry with over of the demand are China, Turkey, and the Middle East. Gold, as gold coins or bars, adds another 20% of the demand where the united states, India, and Europe play a vital role. Industrial demand lead by Japan makes up the last 12%. Mining constitute 59 percent of the global gold supply, net official sales constitute 6 percent and recycled gold provides 35 percent ot the global gold supply. But many other factors also play their role In determlnlng the gold prices like dollar prices, crude oil prices, inflation etc. Even today, despite of US Dollar being acceptable in International trade, gold is still considered the safest option. It is because ot this reason gold prices are otten attected by the change in Dollar prices. Anyone who follows the gold and currency markets closely will realize that the IJS$ gold price and the Dollar Index generally trend In opposite directions. I ne reason tnat gold ana tne collar generally trend In opposite alrectlons Is tnat In one respect gold is Just another currency. As a result, when the dollar weakens on the foreign exchange market over an extended period then the IJS$ gold price will generally rise during the same period; and when the dollar strengthens over many onths the IJS$ gold price will usually fall. There are, of course, leads and lags and theres no reason to expect that percentage changes in one will be accompanied by equal-and-opposite percentage changes in the other, but when charts of the dollar and gold are compared it quickly becomes apparent that the two have been inversely correlated. On the contrary, gold prices and crude oil prices tend to rise and fall positively with one another. There are two reasons for this- historically, oil purchases were paid for in gold. Even today, a sizable percentage of oil revenue ends up invested in gold. As oil prices rise, much of the increased revenue is invested as it is surplus to current needs and much of this surplus is invested in gold or other hard assets. The second reason is that rising oil prices place upward pressure on inflation. This enhances the appeal of gold because it acts as an inflation hedge. Over the last 50 years or so, gold and oil have generally moved together in terms of price, with a positive price correlation of over 80 percent. Apart from above factors, gold also provides hedge against inflation and therefore there is a positive relationship between gold price and inflation. During times of economic growth there is an increase in wealth which leads to higher demand for luxury goods like gold. During times of economic recession, gold can be used as an asset that protects against inflation and devaluing paper currencies. The Reserve Bank of India (RBI) has concluded the purchase of 200 metric tonnes of gold from the International Monetary Fund (IMF), under the IMFs limited gold sales programme. This was done as part of the Reserve Banks foreign exchange reserves management operations. RBIs decision to shore up its gold reserves needs to be seen in the ontext of other central banks across the globe increasing their gold reserves. In fact, the share of gold in Indias total reserves has dwindled over the decade. In March 1994, the share of gold in the total reserves of the country was 20. 6%; by the end of June 2009, gold constituted only 3. 7% of the total reserves. The purchase resulted in increasing the share of gold in total assets of RBI to 6percent. RBIs foreign currency assets consist mainly of sovereign bonds, mainly US treasuries. So, buying more gold had helped the Indian central bank to diversify its assets. RBIs foreign exchange reserves consist of foreign currency assets, gold, special draw ing rights (SDR) which is an international reserve currency floated by International Monetary Fund (IMF) and RBI funds kept with IMF. India is the largest consumer of gold in the world, consuming around 18 per cent of the total worlds production. India has to import around 70 per cent of its total gold consumption, thus imparting a lot of foreign exchange to major gold producing countries. With the development of the stock markets, especially on-line trading systems, urban India is lowly shifting its investment focus from gold to the other avenues of investment such as stocks, bonds, mutual funds etc, but, rural India still has its major investments in the form of gold. Around 65 per cent of the total demand for gold in Inala Is Trom people Involved In agrlculture ana alll around 30 per cent of the GDP of the nation. ea Inaustrles wnlcn contrlDutes to Thus gold is still as important for Indian economy as it was ever. Gold is also the important source of income for many least developed countries of Africa where countries like Mali, Ghana get majority of foreign exchange from the export of Gold.
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