ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 54 No. 5 (2024)
FINANCIAL ECONOMY

The Actual State and Current Trends in the Market of Physical Gold

Requires Subscription or Fee PDF (Русский) (RUB 100)
  • M.E. Kosov,
  • O.V. Staroverova,
  • T.K. Chernysheva
M.E. Kosov
Department of Public Finance of the Financial University under the Government of the Russian Federation; Plekhanov Russian University of Economics
Bio
O.V. Staroverova
Plekhanov Russian University of Economics
Bio
T.K. Chernysheva
Plekhanov Russian University of Economics; Institute of Economic Policy and Economic Security Problems of the Financial University under the Government of the Russian Federation
Bio
DOI: https://doi.org/10.30680/ECO0131-7652-2024-5-224-239

Published 2024-10-07

Keywords

  • world gold market; physical gold; technical analysis; gold prices; global trends; precious metals; gold and foreign exchange reserves; central banks

How to Cite

1.
Kosov М, Staroverova О, Chernysheva Т. The Actual State and Current Trends in the Market of Physical Gold. ECO [Internet]. 2024 Oct. 7 [cited 2024 Nov. 19];54(5):224-39. Available from: https://ecotrends.ru/index.php/eco/article/view/4785

Abstract

The paper reviews the current state and latest trends in the physical gold market. The purpose of the paper is to assess the importance of physical gold for investors based on market analysis, taking into account global economic trends. The data on investments in gold by countries of the world, country gold and foreign exchange reserves, global demand by sector over the last 10 years and the dynamics of gold production volume in the top 10 companies of the world are presented. To assess the investment attractiveness of physical gold, a technical analysis was carried out. Based on the results obtained, the authors have formulated the current trends in the physical gold market and forecasts of their development for the next 1–3 years.
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