Consumption of Gold in the World

The structure of consumption of gold in the world is analyzed in the article. It is noted that since the beginning of this century it has seen substantial changes. The investment demand for this precious metal has become the leading consumption drive alongside with the jewelry industry. Besides, the...

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Bibliographic Details
Main Author: N N Rubtsov
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2013-12-01
Series:RUDN journal of Sociology
Subjects:
Online Access:http://journals.rudn.ru/sociology/article/view/6172
Description
Summary:The structure of consumption of gold in the world is analyzed in the article. It is noted that since the beginning of this century it has seen substantial changes. The investment demand for this precious metal has become the leading consumption drive alongside with the jewelry industry. Besides, the geography of demand has changed substantially, too. Some countries on the Asian continent, primarily India and China, have become the major consumers of gold.
ISSN:2313-2272
2408-8897