Analysis On Gold Market And The Sustainable Development Of China Gold Industry

The thesis fundamentally studied the triplex property of gold such as monetary, commodity and finance, the importance of gold in life and economical activities, and the roles and status of various markets in the international gold market. It also investigated the reserve and distribution of the gold all over the world in the quantitative way, demonstrated the demands and supplies of gold in the last ten years and the changes of gold price since the 20th century, especially gold demonetization (as a financial tool) after the Jamaica system;analyzed the influencing factors(dollar index, crude oil prices, the stock market, geopolitical, etc.) and predicted the long-term changes. Besides, the short-term gold price trend was also revealed from the technical angle.The correlation at home and aborad had been found by the contrast on the potential resources, reserves, supply, demand, prices and other characteristics of gold market, and the achievements and problems of the factors above in the market had been also announced.The preferred choice of different investors in various stitution had been obtained, based on the research on the investment tools and characteristics of China gold market and the discussion on the roles of various financial instruments played in the development and perfection of China gold financial system. Improving gold financial tools took an important part in the development of gold market and the stability of financial market, which was indicated by the study on the present situation and the comparison of the prefect international gold financial market.Gold market is very comprehensive. The thesis firstly illustrated the the short-term and long-term development trend of international gold market, then studied the relationship of gold market at home and aboard, the development and specificity of China gold market (from the resources, industry, science and technology, market etc.), and afterwards analyzed the strengths, weaknesses, opportunities and threats of Chinese gold market with SWOT theory and proposed some referential sustainable development strategies. Finally emphatically points out that China gold industry should make the strategic deployment to promote its sustainable development from industrial structure, resources and environment, technological innovation, financial market and international cooperation etc.