EVOLUTION OF THE ROLE OF SILVER IN THE ECONOMY OF THE STATE IN THE CONTEXT OF FINANCIAL GLOBALIZATION

Lyubov Doskochynska

Summary

The evolution of the role of silver in the national economy in terms of financial globalization is considered. The reasons for the decline of bimetallism are analyzed. The structure and change of demand for silver in different sectors is examined. The dynamic of real and nominal prices for the precious metal in the world market is considered. The features of the correlation between gold and silver are determined and analyzed. An analysis of factors influencing the price fluctuations of the precious metal at the macroeconomic level is made. The conclusions regarding prospects for the use of silver as a financial asset are drawn.

Lyubov Doskochynska.pdf