An analysis of the operations use practice on the market of precious metals

Autor: B. S. Madzhirov, A. M. Zadorina
Jazyk: ruština
Rok vydání: 2017
Předmět:
Zdroj: Известия высших учебных заведений: Геология и разведка, Vol 0, Iss 1, Pp 67-73 (2017)
Druh dokumentu: article
ISSN: 0016-7762
2618-8708
DOI: 10.32454/0016-7762-2017-1-67-73
Popis: The results of an analysis of the use of trade operations in the market of precious metals have been enumerated. We gave the characteristic of the market objects (standard and small bars) and accounts (allocated and unallocated), which are used for accounting precious metals in the market. The assignment for the subsoil use of the operations such as “spot” and “swap” types, as well as deposit, optional, futures and forward transactions, has been presented. The actions of a gold mining company, within the situation of an expected fall of prices, and a company that consumes gold (precious metals), in terms of a projected increase of prices, have been considered. The formulae for determining the forward price of the precious metals and the cost of the forward contract for subsoil users have been proposed.
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