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The Structure and Operation of the World Gold Market

Author

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  • Mr. M. G O'Callaghan

Abstract

This paper describes the structure of the world gold market, its sources of supply and demand, and how it functions. The paper examines the composition and origin of physical stocks of gold, their flows, and their market destination and also reviews the operation of bullion and paper gold markets.

Suggested Citation

  • Mr. M. G O'Callaghan, 1993. "The Structure and Operation of the World Gold Market," IMF Occasional Papers 1993/003, International Monetary Fund.
    • Handle: RePEc:imf:imfops:1993/003
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