Gold

Dana Ghiţac

Conjunctura economiei mondiale / World Economic Studies, 2017, 345-351

Abstract: The gold market has become overwhelmingly influenced by the demand or supply it generates hundreds of millions of individual investors worldwide when buying or selling yellow metal. This segment of demand, which cannot be quantified in statistics only indirectly, has caused over time the occurrence of cycles of abnormalities in which the rise in the price of gold causes the interest and demand to increase in such a way that it causes new increases, which in turn, attract even more investors. Such a vicious circle is interrupted when the influence of other factors (economic, financial, political) damages the results of the investment in gold. At the moment when the evolution of quotations becomes inadequate to expectations, investors leave the market in favor of other commodities, which forces artificial depreciation.

Keywords: gold; market; price; supply; demand; investment (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:345-351

Access Statistics for this article

Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD

More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC.
Bibliographic data for series maintained by Ionela Baltatescu ( this e-mail address is bad, please contact ).