Gaganov Sergey Yuryevich – Postgraduate student, Moscow Institute of Entrepreneurship and Law, Leading Manager, VTB Leasing OJSC
The increasing demand for gold is driven by the volatility in the world financial system. It proved the necessity of its in-depth and comprehensive analysis as a tool to influence the national economy. For this purpose, the article search the evolution of the functions of gold with the release of the causes and consequences of their transformation, and also separately analyzed the factors affecting the development of the gold market. The specificity of the development of the gold market in Russia and the high competitive potential of the industry are scrutinize seperatly.
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