Gold as a Tool for Hedging Financial Risks

20th International Scientific Symposium of Students, Postgraduates and Young Scientists on "Problems of Geology and Subsurface Development"

Ischuk, T.L.^1,2 ; Zhilkin, D.V.^1,2 ; Aikina, T.Yu.^2

National Research Tomsk State University, 36 Lenin Ave., Tomsk

634050, Russia^1

National Research Tomsk Polytechnic University, 30 Lenin Ave., Tomsk

634050, Russia^2

关键词: Financial assets;    Financial risks;    High-efficiency;    Risk hedging;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/43/1/012085/pdf
DOI  :  10.1088/1755-1315/43/1/012085

来源: IOP

【 摘 要 】

The article discusses gold as a protective asset, which claims to be a high-efficiency tool for hedging financial risks. In the introductory part the general characteristics of hedging as a method of full or partial risk elimination is given, and the main known types of risk hedging typical for a financial asset portfolio holder are considered. Further, dynamics of the world prices for gold is analyzed in a historical retrospective, whereby the conclusion is drawn on a tendency of this asset to grow during the periods of financial instability, and also if new financial assets appear. In the final part of the article the assessment of gold as a tool for hedging financial risks is given.