The Impact Of Forward Sales On The Price Of Gold (05e32808-b046-4271-b561-cdb255644c87)

The Southern African Institute of Mining and Metallurgy
H. L. Monro
Organization:
The Southern African Institute of Mining and Metallurgy
Pages:
3
File Size:
370 KB
Publication Date:
Jan 1, 1993

Abstract

CONTRIBUTION BY J. R. F. HANDLEY Mr Monro is to be congratulated on his concise treatment of a very complex subject. As a graduate with only Mathematics I in my curriculum, I am unable to comment on the mathematical treatment of the factors affecting his supply/demand model, but the logic does not escape me. The main conclusion is that any excess of supply to the spot gold market will depress the price in a normal market, and particularly in a falling market.
Citation

APA: H. L. Monro  (1993)  The Impact Of Forward Sales On The Price Of Gold (05e32808-b046-4271-b561-cdb255644c87)

MLA: H. L. Monro The Impact Of Forward Sales On The Price Of Gold (05e32808-b046-4271-b561-cdb255644c87). The Southern African Institute of Mining and Metallurgy, 1993.

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