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| Author: | Moors de Giorgio, E. |
| Title: | What affects the price of gold? |
| Journal: | African Business
1997 : APR, 220, p. 36-38 |
| Index terms: | FINANCE GOLD INVESTMENT |
| Language: | eng |
| Abstract: | Africa is one of the world's largest producers of gold and the unmined potential is huge. The price of gold, therefore is always of great concern not only to the mining companies involved but also to the producing countries themselves. Emmanuelle Moors de Giorgio explains what influences prices and also how gold-related financing transactions work. Perhaps no other commodity in the world has the universal appeal of gold. For thousand of years, gold has been coveted for its unique blend of rarity, beauty and intrinsic physical and chemical properties, as well as for storing wealth and supporting international exchange. |
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