Trends of functioning of the precious metals world market in the conditions of global financial instability

Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 4

Abstract

Introduction. Modern trends of global economic development point to unresolved problems of financial and trading activity. International organizations’ investigations confirm the existence of significant threats to increase global financial stability. Under these conditions, issues of ensuring the functioning of the world market of precious metals become actual. Purpose. The article aims to identify current trends in the functioning of the gold market and other components of the precious metals world market in the conditions of global financial instability. Methods (methodology). In the course of the study, we have used a systematic approach. The following methods have been applied: method of analysis, method of synthesis, method of generalization, method of graphical analysis, methods of econometric modelling, including correlation analysis. Results. The main threats to global financial instability have been identified. It has been argued the influence of global financial instability on the development of the world market of precious metals. The main tendencies of functioning of the world gold market have been revealed. Its market conditions have been analysed. The features of demand and supply in silver and platinum markets have been determined. The basic types of shadow operations on the market of precious metals and their negative consequences have been found out.

Authors and Affiliations

Oleksandr Ksenzhuk

Keywords

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  • EP ID EP313848
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How To Cite

Oleksandr Ksenzhuk (2017). Trends of functioning of the precious metals world market in the conditions of global financial instability. Економічний аналіз, 27(4), 289-298. https://europub.co.uk/articles/-A-313848