Influence of demand and offer of forming of price of global and prospects of development of Russian and world cold market

Abstract

The author analyzes the impact of supply and demand in the global gold market on the pricing of precious metal, and also determines the prospects of further development of Russian and world markets for gold. The study identified the possible causes of excess of supply over demand for gold and the continued record growth in metal prices, as well as identify the problems of domestic and world gold production. Their solution makes recommendations concerning the development of non-industrial resources of placer gold and the required investment coupled with a high metal prices in the exploration and execution of major ore assets both in Russia and the world at large. The study and proposed measures can help to strengthen the position of domestic gold mining companies in the world gold market.