The dynamics of the world market of gold and the current geopolitical processes. Part 2. The analysis of behaviour patterns of the main gold market participants
... paid to the London gold fixing and its replacement by the London electronic auction in an attempt to establish the benchmark price of gold under the influence of short-term geopolitical impulses. The author puts forward a hypothesis that different impulses of geopolitical processes, their frequency and the level of manifestation influence differently the dynamics of the world gold market. These factors determine the movement and distribution of gold reserves in different geographical places, ‘safe havens’,...
