The Structure and Operation of the World Gold Market /

This paper describes the structure of the world gold market, its sources of supply and demand, and how it functions. The market has three principal functions in three major locations: the New York futures market speculates on spot prices, which are largely determined in London, whereas physical gold...

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Autor principal: O'Callaghan, M.
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1991.
Col·lecció:IMF Working Papers; Working Paper ; No. 1991/120
Accés en línia:Full text available on IMF
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245 1 4 |a The Structure and Operation of the World Gold Market /  |c M. O'Callaghan. 
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490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper describes the structure of the world gold market, its sources of supply and demand, and how it functions. The market has three principal functions in three major locations: the New York futures market speculates on spot prices, which are largely determined in London, whereas physical gold is in large part shipped through Zurich. The market is dominated by large suppliers and gold holders, including monetary authorities. Some unique characteristics of the gold market ensure confidentiality, and as a result, there are gaps in existing knowledge and data. The paper identifies and attempts to fill these gaps. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/120 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/120/001.1991.issue-120-en.xml  |z IMF e-Library