The Role of Gold in the International Monetary System and Gold Based Financial Instruments Cover Image

Parasal Sistemde Altının Yeri ve Altına Dayalı Finansal Araçlar
The Role of Gold in the International Monetary System and Gold Based Financial Instruments

Author(s): Gültekin Rodoplu, Bilge Leyli Elitaş
Subject(s): Economy, Financial Markets
Published by: İşletme Araştırmaları Dergisi
Keywords: Financial Markets; Gold; Gold Participation Certificates; Gold Based Financial Instruments;

Summary/Abstract: Gold, that has been existed in each period of the finance history, is directly used as an exchange tool and a substantial reserve for the financial system. Besides it has been a saving and investment tool amongst the investors. Today it still remains on the agenda within various financial tools. The reason of preparing this study is the development achieved in Turkey recently, relating the Gold Bonds/Gold Certificates which is one of the gold based financial instruments contributing to the economic growth via “gold under mattress” belonged to the individual investors. Initially “the concept of gold” and then “the role of gold in the international monetary system” are mentioned in the study afterwards “gold trading markets” are briefly presented. By clarifying “the gold based financial instruments”; the study is finalized by results and conclusion chapter.

  • Issue Year: 10/2018
  • Issue No: 1
  • Page Range: 675-688
  • Page Count: 14
  • Language: Turkish