The Price Volatility of Precious Metals in Times of Economic and Geopolitical Crisis
Journal Title: Academic Journal of Economic Studies - Year 2017, Vol 3, Issue 3
Abstract
People perceive gold, silver and platinum as jewellery and massive ingots, but their rarity and physicochemical properties recommend them as being suitable for a wide range of uses. The value of gold has led many states to diversify their economic portfolio by creating sovereign reserves. By buying massive amounts of gold, countries like China, Russia, India, Brazil and Turkey suggest that the purchase of precious metals is the best investment during the crisis. Research results show that the value of precious metals greatly increases at times of crisis because buying precious metals indemnifies states against international currency devaluation.
Authors and Affiliations
Viorel Mionel, Oana Mionel, Alexandra Moraru
Keywords
Related Articles
- EP ID EP201955
- DOI -
- Views 103
- Downloads 0
Investigating the Nexus of Service Quality and Customer Loyalty in Banking Industry via the Mediating Role of Customer Satisfaction
This study aims to examine the relationship between Service Quality (SQ), Customer Satisfaction (CS) and Customer Loyalty (CL) in the Jordanian Commercial Bank. This Study also, investigates CS as a partial mediator of t...
The Role of Education in Organization and Development of Economics in Azerbaijan
There have been different views on the subject since the emergence of economics. As economic science develops, approaches to its subject have also changed. In modern times, the economy is regarded as a science that studi...
Comparison of Recent Developments in Productivity Estimation: Application on Ethiopian Manufacturing Sector
The objective of this paper is to estimate total factor productivity of manufacturing firms in Ethiopian under alternative estimation approaches. Six methods are compared in the estimated total factor productivity namely...
2Department of Accountancy, Federal Polytechnic, Nasarawa, Nasarawa State, Nigeria
Global trade in agrifoods has changed dramatically in the past two decades due to changes in technology, increased competition and shifts in consumer demands, tastes and preferences in terms of food quality, food safety...
Remittances and Real Exchange Rate: Latest Evidence from Cochrane Orcutt Econometric Model
We examine the impact of remittances on the real exchange rate in South-Africa using Cochrane-Orcutt Ordinary Least Square. The study finds out that remittances do not show any relationship with Rand in the foreign excha...