Historical and current state of the global movement of gold
Study of the ways of world movement of gold based on the analysis of the emerging trends in demand and supply of the yellow metal in the world market. It was established that the supply of gold from the USSR to foreign countries began in 1953. During the period from 1953 to 1990, 6102 tons of gold were sold abroad. South Africa has traditionally been the leader in gold exports to Europe - 74%. The movement of gold from Europe followed the same routes as in 1972. Almost all shipments of gold from Europe to the Indian subcontinent still went through Dubai, but made up half of shipments in 1972. Gold sales by the Russian Federation in 2012-2018. was carried out in insignificant volumes - from 30.3 to 128 tons. There is a growing interest in gold not only as an investment object in the world. World official gold reserves in 2018 increased by 371.4 tons or 4% compared to 2017. The upward trend in the gold market continued in 2018. The central banks of Russia and Turkey were the most prominent buyers of gold. The ways of the global movement of gold in the near future, basically, remain the same: from Europe to Asia.