Zaernyuk V.M.Russian State Geological Prospecting University (MGPI-RSGPU), Moscow, Russian Federation email@example.com ORCID id: not available
Subject This article discusses the role of gold in the conditions of economic instability in financial markets. Objectives The article aims to consider the possibility of gold return to the financial system on the basis of the analysis of trends and driving forces in the domestic and global gold markets. Methods The study uses the methods of economic analysis, systems, logical, and integrated approaches. Conclusions The interest in gold not as an investment object only is growing all over the world. Gold is gradually beginning to regain the status of a monetary metal. Instead of selling, Central Banks have started buying gold. This tendency has been being observed since 2010 till nowadays. It is supposed to keep on going in 2018. The world financial system based on the USD hegemony is coming to an end. Changes are coming, including organization of the internal gold and currency circulation.
Keywords: gold, investing, gold and forex reserves
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