The price of gold is the outcome of market capital flows and economic and geo-political issues across the globe rather than a reflection of supply-demand positions. Lately, linking gold with the stock markets and the emergence of derivatives in gold trading have thrown up a new layer in the complex price-production-supply-demand web of physical gold. This book analyses the role of gold from a historical perspective, its usefulness in risk management and as a portfolio. It deals with the major causes for an increase in gold price, among related aspects.
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