2. PLAN
โข Theoretical basis of functioning of the global gold market
โข Features modern functioning of the world market
โข Prospects and ways of improving gold market in Ukraine
3. โข The gold market is a place where is focus
on trading gold, and exists in around the
gold exchange. Gold Exchanges are
generally in various international financial
centers, as an important part of the
international financial marketsโฆ
โข The four major important international
gold exchange markets are: London Gold
Market, America Gold Market, Zurich Gold
Market and Hong Kong Gold Marketโฆ
THEORETICAL BASIS OF FUNCTIONING OF
THE GLOBAL GOLD MARKET
4. THEORETICAL BASIS OF FUNCTIONING
OF THE GLOBAL GOLD MARKET
In economic terms these different sources of
supply in the gold market:
โข industrial and domestic consumption
in jewelery, new industries - electronics,
atomic missile technology, dental industry
โข hoarding and private investment. As
a reaction to the instability of the economy,
money circulation, currency rates
periodically growing demand for bullion,
coins, medals, medallions for insurance
risks
โข speculation. As the price of gold
fluctuates, it is an object of speculation;
โข purchase of gold by central banks
(periodically)
5. FEATURES MODERN FUNCTIONING OF THE
WORLD MARKET
Country 2007 2008 2009 2010 2011 2012 2013 2014 2015
United
States
8 133,46 8 133,46 8 133,46 8 133,46 8 133,46 8 133,46 8 133,46 8 133,46 8 133,46
Germany 3 422,51 3 417,37 3 412,58 3 406,77 3 400,95 3 396,29 3 391,34 3 386,36 3 383,41
Italy 2 451,84 2 451,84 2 451,84 2 451,84 2 451,84 2 451,84 2 451,84 2 451,84 2 451,84
France 2 688,91 2 568,35 2 452,77 2 435,41 2 435,41 2 435,41 2 435,41 2 435,38 2 435,41
Russia 400,27 457,00 531,87 676,03 811,11 895,74 981,62 1 040,71 1 238,25
China 599,98 599,98 599,98 1 054,09 1 054,09 1 054,09 1 054,09 1 054,09 1 054,09
Switzerland 1 290,10 1 113,22 1 040,09 1 040,09 1 040,06 1 040,06 1 040,06 1 040,06 1 040,00
Japan 765,20 765,20 765,20 765,20 765,20 765,20 765,20 765,20 765,20
Netherlands 640,94 621,44 612,45 612,45 612,45 612,45 612,45 612,45 612,45
India 357,75 357,75 357,75 557,74 557,74 557,74 557,74 557,74 557,74
The data changes in
gold reserves of countries for
the period from 2007 to the
first quarter of 2015 show
that the principal owner of
gold (about 85% of gold
reserves in the world) is "a
dozen" leading countries
(Changes of gold in reserves,
owners of the largest gold
reserves shown in Figure 1),
gold reserves are unevenly
distributed (USA - 8 ths tons,
Germany - 3.8 ths tons,
France - 2.4 ths tons, Italy -
2.4 ths. tons)โฆ
10 countries with largest gold reserves (tons)
6. Rank Name Base
Production tonns
(2013 year)
Capital billion
USD (2013 year)
1 Goldcorp Canada 75,6
6,0
2 Barrick Gold Canada 203,1 5,85
3 Newmont Mining United states 143,59 16,1
4 Polyus Gold Russia 46,75 6,1
5 Newcrest Mining Australia 59,82 9,7
6 Yamana Gold Canada 32,36 23,0
7 Kinross Gold Canada 74,59 7,2
8 AngloGold Ashanti South Africa 116,37 19,4
9 Gold Fields South Africa 52,27 5,36
10 Eldorado Gold Canada 20,45 7,2
FEATURES MODERN FUNCTIONING OF THE
WORLD MARKET
In 2013, nine of the world's 14
major producing regions recorded
growth in output, they are: Australia,
Brazil, Canada, Chile, China, Indonesia,
Mexico, Papua New Guinea and
Russia; In 2012 only Canada, China,
Ghana, Mexico, Peru and Russia
produced more than the year before.
In 2013, the world's five leading gold
producers, in order of total production
were China (420 tons ), Australia (250
tons), US (227 tons), Russia (218 tons),
South Africa (145 tons)โฆ
List of 10 biggest gold miners companies
7. In recent years, the rise of
pro-investment and what the
demand for silver in the structure
of aggregate demand for precious
metals in a weight measurement.
This trend is reflected in the
statistical data and expert on
imports of precious metals in
Ukraine.
It should be noted that the
cost structure of production of
precious metals is significantly
different from its weight indicators
โฆ
PROSPECTS AND WAYS OF IMPROVING
GOLD MARKET IN UKRAINE
1,323,087.86
337791.3333
140639.2813
43221.955
1769.6975
-
200,000.00
400,000.00
600,000.00
800,000.00
1,000,000.00
1,200,000.00
1,400,000.00
world usa Germany Russia UkraineMillions $
8. PROSPECTS AND
WAYS OF IMPROVING
GOLD MARKET IN
UKRAINE
Market
participants
Type of
precious
metal
Denominations weight ingots, grams
1000 500 250 100 50 31,1 20 10 5 2,5 2 1
ะะบัะธะฒ ะฑะฐะฝะบ
gold - - - - - - - - - - X X
silver - - - - - - - - - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
ะะ - ะะ -ะะ ะฑะฐะฝะบ
gold X X X X X X X X X X X X
silver - - X X X - - - - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
ะัะฐะผะฐะฝะณ
gold X X X X X X X X X X X X
silver - X - - - - - - - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
ะะฒัะพ-ะณะฐะทะฑะฐะฝะบ
gold X X X X X X X X X X X X
silver X X X X X X - - - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
ะฃะบัะณะฐะท-ะฑะฐะฝะบ
gold X X X X X X X X X X X X
silver - - - - - - - - - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
ะฎะฝะตะบั ะฑะฐะฝะบ
gold X X X X X X X X X X X X
silver X X X X X X X X - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
ะัะฐะดะฝะธะน ะฑะฐะฝะบ
ะฃะบัะฐัะฝะธ
gold - X X X X X X X X X X X
silver X X X X X X X X - - - -
platinum - - - - - - - - - - - -
palladium - - - - - - - - - - - -
% of the
potential
market
proposals
gold 71,4 85,7 85,7 85,7 85,7 85,7 85,7 85,7 85,7 85,7 100 100
silver 42,9 57,1 57,1 57,1 57,1 42,9 28,6 28,6 0 0 0 0
platinum 0 0 0 0 0 0 0 0 0 0 0 0
palladium 0 0 0 0 0 0 0 0 0 0 0 0
The analysis confirmed that
gold has only proposal that approaches
the absolute value in terms of nominal
weight among the analyzed market
participants. Silver characterized by
episodic and platinum and palladium -
absolutely no market supply as of the
date of the survey
Bank metal bars offer basic banking metals market operators
as of 2014
9. The study confirmed the
predominance of bank gold segment in the
structure of the national market of precious
metals. This fact is reflected in the volume
and range of bars available supply of the
asset, as well as the spread between the
market value of sale transactions authorized
commercial banksโฆ
PROSPECTS AND WAYS OF IMPROVING
GOLD MARKET IN UKRAINE
