Overview

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.

Historical Context

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.

Forms of Demand

The different forms the demand for gold takes – bullion, paper or in fabricated forms such as jewellery – are explained in detail.

Supply Side Analysis

This is followed by an analysis of the supply side – new gold production and the circulation of existing old gold.

Market Outlook

The survey concludes with an assessment of the gold market and of gold prices now and in the future.