ABSTRACT
First published in 1983, this book provides a comprehensive view of gold and gold trading in its many facets, and identifies those sources of information that are important for an understanding of the world’s gold markets. The author looks first at gold’s changing role since 1960; in particular, the change from the fixed price to the present free market determination of price. The different forms the demand for gold takes – bullion, paper or in fabricated forms such as jewellery – are explained in detail. This is followed by an analysis of the supply side – new gold production and the circulation of existing old gold. The survey concludes with an assessment of the gold market and of gold prices now and in the future.
TABLE OF CONTENTS
part I|36 pages
Gold in the International Monetary System
part II|74 pages
The Demand Side – the Forms and Uses of Gold
part III|104 pages
The Supply Side – The Mining of Gold
part IV|15 pages
The Supply Side – Old Gold
part V|42 pages
The Gold Markets
part VI|114 pages
The Price of Gold