@article{Подлепіна_Писемська_1, title={Current trends in the global gold demand}, url={https://periodicals.karazin.ua/irtb/article/view/4503}, abstractNote={<p class="MsoNormal" style="text-align: justify; text-indent: 35.4pt;"><span style="font-size: 14.0pt; font-family: ’Times New Roman’; mso-ansi-language: UK;" lang="UK">The structural changes and the dynamics of global gold demand in the current conditions of the global economy and the global financial system are analyzed in the article. The role of gold as a stabilizing factor in the conditions of the global crises de</span><span style="font-size: 14.0pt; font-family: ’Times New Roman’; mso-ansi-language: EN-US;" lang="EN-US">velop</span><span style="font-size: 14.0pt; font-family: ’Times New Roman’; mso-ansi-language: UK;" lang="UK">ment and instability of the world’s major currencies is <span style="color: black; background: white;">emphasized</span>. According to the WGC methodology gold demand is divided into the following categories: jewelry, industrial, investment demand and central banks purchases to build their official gold holdings. The share of each of these sectors and modern dynamics are analyzed. Jewelry industry and its needs are about 60 % of the total gold demand. The gold investments (physical or ETF) is the trend of the market with some fluctuations. Central banks and international organizations acknowledge the existence of official gold reserves as a competitive advantage. The features of the geography of gold demand and changes in the volume of gold consumption in the leading countries are identified. </span></p&gt;}, number={4 (1144, 2}, journal={The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism}, author={Подлепіна, Поліна and Писемська, Наталія}, year={1}, month={1}, pages={57-60} }