Dynamics of the Gold Market

This chapter explores the fundamental economic principles that define gold as a commodity and a form of money, emphasizing its rarity and cultural significance in jewelry. It discusses the contrasting dynamics between retail and institutional gold markets, the impact of the COVID-19 pandemic on pricing, and the influence of regulatory frameworks on trading strategies. Furthermore, it highlights the geographical shifts towards physical gold demand, especially in Eastern markets like Dubai and India, while examining the complexities of risk management faced by financial institutions.