Subject category:
Economics, Politics and Business Environment
Published by:
IBS Research Center
Length: 16 pages
Data source: Published sources
Topics:
Gold markets; Investment management; Bullion markets; Central Bank and monetary economics; Portfolio management; International finance; International economics; Supply and demand; Risk analysis; Washington agreement and gold leasing; Gold and the dollar; Reserve currency; Derivative markets; Hedging; Commodity markets
Share a link:
https://casecent.re/p/63479
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
For ages gold has fascinated mankind. It has not only been an adornment but also used as a currency for centuries. Even today, it has continued to baffle economists, policymakers, and laymen alike. The demand for gold in many countries is driven by jewellery. Though gold has ceased to be a currency for a long time, most central banks continue to issue currencies backed by a certain percentage of gold. The lack of co-relation between gold and other economic indicators and currencies has made gold a safe avenue for investment in spite of its volatility. The case attempts to discuss the following points: (1) gold''s role as a monetary unit; (2) impact of the Washington Agreement on gold sales and the gold leasing market; (3) the gold market, its structure, working and constituents; (4) relation between gold and currencies; (5) relation between gold and economic indicators like gross domestic product (GDP), inflation, interest rates, etc; and (6) gold as an investment tool.
About
Abstract
For ages gold has fascinated mankind. It has not only been an adornment but also used as a currency for centuries. Even today, it has continued to baffle economists, policymakers, and laymen alike. The demand for gold in many countries is driven by jewellery. Though gold has ceased to be a currency for a long time, most central banks continue to issue currencies backed by a certain percentage of gold. The lack of co-relation between gold and other economic indicators and currencies has made gold a safe avenue for investment in spite of its volatility. The case attempts to discuss the following points: (1) gold''s role as a monetary unit; (2) impact of the Washington Agreement on gold sales and the gold leasing market; (3) the gold market, its structure, working and constituents; (4) relation between gold and currencies; (5) relation between gold and economic indicators like gross domestic product (GDP), inflation, interest rates, etc; and (6) gold as an investment tool.