Gold Prices as a Mechanism of Control and Equilibrium in Financial Markets

Ewa Drabik

Abstract

Gold is used as a currencies comparative measure and, because of its properties (it does not rust) and use (in space industry, for example), it has a significant role in balancing both financial markets and economies. During crises, gold seldom loses value. We aim to show that price of gold is a stabilizing factor for the economic balance. We will do so utilizing the chaos theory, which gains more and more popularity in social sciences
Author Ewa Drabik (FoM / CFFS)
Ewa Drabik,,
- Chair of Finance and Financial Systems
Journal seriesManagement Studies, ISSN 2328-2185
Issue year2020
Vol8
No2
Pages134-148
Publication size in sheets0.7
Keywords in Englishgold price, equilibrium, fractal market hypothesis (FMH), attractor, fractals
DOIDOI:10.17265/2328-2185/2020.02.006
URL http://www.davidpublisher.com/index.php/Home/Article/index?id=42890.html
Languageen angielski
Score (nominal)5
Score sourcejournalList
ScoreMinisterial score = 5.0, 04-05-2020, ArticleFromJournal
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