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ULUSLARARASI ALTIN TİCARETİ: DÜNYA VE TÜRKİYE

Year 2023, , 22 - 53, 26.09.2023
https://doi.org/10.5281/zenodo.8377145

Abstract

Altın ticaretinin uluslararası ticarette büyük önemi vardır ve finansal sistemleri şekillendirerek çeşitli endüstrileri etkiler. Bu araştırma, altın ticaretinin çok yönlü boyutlarına derinlemesine bir bakış sunarak, tarihî gelişmelerini, üretim süreçlerini ve sektörler arasındaki çeşitli uygulamalarını keşfeder. Çalışma, Londra Piyasası, ABD Vadeli İşlemler Piyasası, Çin Piyasası ve ikincil piyasa merkezleri gibi önemli merkezler de dahil olmak üzere farklı dünya pazarlarındaki altın talebini araştırır. Araştırma ayrıca Rusya-Ukrayna çatışması ve BRICS anlaşması gibi önemli olayların altın madenciliği ve fiyatlandırma üzerindeki etkilerini inceleyerek altın ticaretinin uluslararası dinamiklerine derinlemesine bir bakış sunar. Türkiye'deki altın ticaretine özel olarak odaklanan bu tez, İstanbul Kıymetli Madenler Borsası içinde standart ve standart olmayan altın ticaretini ve Türk pazarındaki arz-talep dinamiklerini araştırır. Ek olarak, araştırma Türkiye'deki ticaret ve üretim yönlerini değerlendirerek, pazarın performansını ve uluslararası altın ticareti genelindeki önemini açığa çıkarır. Bu çalışma, altının uluslararası ticaretin önemli bir bileşeni olarak karmaşık dinamiklerini ve küresel ekonomik peyzajla olan bağlantısını daha iyi anlamak için kapsamlı bir analiz sunmayı amaçlamaktadır. Bulgular, altın piyasasının karmaşıklıklarını ve küresel ekonomik manzarayla olan bağlantısını daha derinlemesine anlamaya katkı sağlayacaktır.

References

  • Borsa Istanbul (2023). Precious Metals And Diamond Market. Borsa Istanbul. 23(2), 269-526.
  • Chen, L., Wen, F., Li, W., Yin, H., & Zhao, L. (2022). Extreme Risk Spillover Of The Oil, Exchange Rate To Chinese Stock Market: Evidence From Implied Volatility Indexes. Energy Economics, 107, 105857.
  • Dippel, C., Gold, R., Heblich, S., & Pinto, R. (2022). The Effect Of Trade On Workers And Voters. The Economic Journal, 132(641), 199-217.
  • Estrella, V. P. (2020). Landscape, The Visual: A Review Of Michael Armand Canilao’s Remote Sensing The Margins Of The Gold Trade: Ethnohistorical Archaeology And Gis Analysis Of Five Gold Trade Networks In Luzon, Philippines, In The Last Millennium Bp (Oxford, Uk: Bar Publishing, 2020). Spafa Journal, 4.
  • Finlay, D. C. (2020). The ‘Burden Of Traceability In Gold Supply Chains. Journal Of Fair Trade.
  • Fujiki, H. (2003). A Model Of The Federal Reserve Act Under The International Gold Standard System. Journal Of Monetary Economics, 50(6), 1333-1350.
  • Gold, J. (1975). Recent International Decision To Prevent Restrictions On Trade And Payments. J. World Trade L., 9, 63.
  • Grossman, R. S. (2014). Bloody Foreigners! Overseas Equity On The London Stock Exchange, 1869-1928.
  • Hannah, L. (2018). The London Stock Exchange, 1869–1929: New Statistics For Old?. The Economic History Review, 71(4), 1349-1356.
  • Hwang, Y. I. (2019). Gold And Bitcoin Hedging Against 10 Exchange Returns. Journal Of International Trade & Commerce, 15(6), 49-68.
  • Kaufman, R. H. (1965). The Asian Gold Trade. Asian Survey, 233-244.
  • Keys, S. (2012). Occupy London Stock Exchange Camp At St Paul's Cathedral, London, Uk. Psychotherapy And Politics International, 10(1), 76-78.
  • Lavigne, M., & Rowland, P. (1978). Scythian Gold And The Gold-Standard: Soviet Attitudes To Gold And The International Monetary System. Diogenes, 26(101-102), 26-49.
  • Li, F. B., & Li, X. Z. (2002). Photocatalytic Properties Of Gold/Gold Ion-Modified Titanium Dioxide For Wastewater Treatment. Applied Catalysis A: General, 228(1-2), 15-27.
  • Liu, S., Geng, Y., Gao, Z., Li, J., & Xiao, S. (2023). Uncovering The Key Features Of Gold Flows And Stocks In China. Resources Policy, 82, 103584.
  • Lu, J. (2022). The Exchange Rate Of Rmb Has Positive Influence To Chinese Stock Prices. Frontiers In Business, Economics And Management, 5(3), 82-84.
  • Marton, C. (2016). Introducing The New Hypothesis. Hypothesis, 28(1).
  • Mcdougall, J. (2007). From Black Gold To Blue Gold: Lessons From The Petroleum Trade Regime For An Emerging Water Trade And Investment Regime. Policy And Society, 26(1), 135-153.
  • Pesigan, C. M., & Soriano, V. J. (2020). Sustainability Potentials Of Informal Gold Recovery From Discarded Mobile Phones: E-Waste Management Insights For Global Business And Trade. Journal Of Global Business And Trade, 16(2), 31-47.
  • Redmond, J. (1988). The Gold Standard And The International Monetary System, 1900-1939. Rodoplu, G., & Elitaş, B. L. (2018). Parasal Sistemde Altının Yeri Ve Altına Dayalı Finansal Araçlar. Işletme Araştırmaları Dergisi, 10(1), 675-688.
  • Rush, M. (1985). Unexpected Monetary Disturbances During The Gold Standard Era. Journal Of Monetary Economics, 15(3), 309-321.
  • Şahinler, A., Demirtaş, C., Yildirim, E., Coşkun, G., Lipták, K., Göger, K., Kasza, L., Özgür, M., Değerli, M. (2022). Discussions Between Economic Agents: Global Problems. Iksad Publishing House
  • Scientific, T. (2005). Publishing In A Gold Bulletin: Information For Authors. Gold Bulletin, 38, 1.
  • Tokic, D. (2020). Long‐Term Consequences Of The 2020 Coronavirus Pandemics: Historical Global‐Macro Context. Journal Of Corporate Accounting & Finance, 31(3), 9-14.
  • International Trade Center (2023). Trade Map - Trade statistics for international business development, https://www.trademap.org/Country_SelProductCountry_Graph, (Access Date: 15 May 2023).

GOLD TRADE IN INTERNATIONAL TRADE: WORLD AND TÜRKİYE

Year 2023, , 22 - 53, 26.09.2023
https://doi.org/10.5281/zenodo.8377145

Abstract

The international trade of gold holds significant importance in the global economy, shaping financial systems and influencing various industries. This research delves into the multifaceted dimensions of gold trade, exploring its historical developments, production processes, and diverse applications across sectors. The study investigates the demand for gold in different world markets, including key hubs like the London Market, the US Futures Market, the Chinese Market, and secondary market centres. The first part of the study examines the historical progression of gold, examining its significance and development across time. It illustrates how gold interacts with monetary systems and emphasizes how valuable and useful it is as a medium of trade. The research also delves into international trade dynamics surrounding gold, exploring the impact of significant events such as the Russia-Ukraine conflict and the BRICS agreement on gold mining and pricing. Focusing specifically on the gold trade in Türkiye, this thesis examines the Istanbul Precious Metals Market, the standard and non-standard gold traded within it, and the dynamics of supply and demand in the Turkish market. Additionally, the research evaluates the trade and production aspects in Türkiye, shedding light on the market's performance and its significance in the broader context of international gold trade.

References

  • Borsa Istanbul (2023). Precious Metals And Diamond Market. Borsa Istanbul. 23(2), 269-526.
  • Chen, L., Wen, F., Li, W., Yin, H., & Zhao, L. (2022). Extreme Risk Spillover Of The Oil, Exchange Rate To Chinese Stock Market: Evidence From Implied Volatility Indexes. Energy Economics, 107, 105857.
  • Dippel, C., Gold, R., Heblich, S., & Pinto, R. (2022). The Effect Of Trade On Workers And Voters. The Economic Journal, 132(641), 199-217.
  • Estrella, V. P. (2020). Landscape, The Visual: A Review Of Michael Armand Canilao’s Remote Sensing The Margins Of The Gold Trade: Ethnohistorical Archaeology And Gis Analysis Of Five Gold Trade Networks In Luzon, Philippines, In The Last Millennium Bp (Oxford, Uk: Bar Publishing, 2020). Spafa Journal, 4.
  • Finlay, D. C. (2020). The ‘Burden Of Traceability In Gold Supply Chains. Journal Of Fair Trade.
  • Fujiki, H. (2003). A Model Of The Federal Reserve Act Under The International Gold Standard System. Journal Of Monetary Economics, 50(6), 1333-1350.
  • Gold, J. (1975). Recent International Decision To Prevent Restrictions On Trade And Payments. J. World Trade L., 9, 63.
  • Grossman, R. S. (2014). Bloody Foreigners! Overseas Equity On The London Stock Exchange, 1869-1928.
  • Hannah, L. (2018). The London Stock Exchange, 1869–1929: New Statistics For Old?. The Economic History Review, 71(4), 1349-1356.
  • Hwang, Y. I. (2019). Gold And Bitcoin Hedging Against 10 Exchange Returns. Journal Of International Trade & Commerce, 15(6), 49-68.
  • Kaufman, R. H. (1965). The Asian Gold Trade. Asian Survey, 233-244.
  • Keys, S. (2012). Occupy London Stock Exchange Camp At St Paul's Cathedral, London, Uk. Psychotherapy And Politics International, 10(1), 76-78.
  • Lavigne, M., & Rowland, P. (1978). Scythian Gold And The Gold-Standard: Soviet Attitudes To Gold And The International Monetary System. Diogenes, 26(101-102), 26-49.
  • Li, F. B., & Li, X. Z. (2002). Photocatalytic Properties Of Gold/Gold Ion-Modified Titanium Dioxide For Wastewater Treatment. Applied Catalysis A: General, 228(1-2), 15-27.
  • Liu, S., Geng, Y., Gao, Z., Li, J., & Xiao, S. (2023). Uncovering The Key Features Of Gold Flows And Stocks In China. Resources Policy, 82, 103584.
  • Lu, J. (2022). The Exchange Rate Of Rmb Has Positive Influence To Chinese Stock Prices. Frontiers In Business, Economics And Management, 5(3), 82-84.
  • Marton, C. (2016). Introducing The New Hypothesis. Hypothesis, 28(1).
  • Mcdougall, J. (2007). From Black Gold To Blue Gold: Lessons From The Petroleum Trade Regime For An Emerging Water Trade And Investment Regime. Policy And Society, 26(1), 135-153.
  • Pesigan, C. M., & Soriano, V. J. (2020). Sustainability Potentials Of Informal Gold Recovery From Discarded Mobile Phones: E-Waste Management Insights For Global Business And Trade. Journal Of Global Business And Trade, 16(2), 31-47.
  • Redmond, J. (1988). The Gold Standard And The International Monetary System, 1900-1939. Rodoplu, G., & Elitaş, B. L. (2018). Parasal Sistemde Altının Yeri Ve Altına Dayalı Finansal Araçlar. Işletme Araştırmaları Dergisi, 10(1), 675-688.
  • Rush, M. (1985). Unexpected Monetary Disturbances During The Gold Standard Era. Journal Of Monetary Economics, 15(3), 309-321.
  • Şahinler, A., Demirtaş, C., Yildirim, E., Coşkun, G., Lipták, K., Göger, K., Kasza, L., Özgür, M., Değerli, M. (2022). Discussions Between Economic Agents: Global Problems. Iksad Publishing House
  • Scientific, T. (2005). Publishing In A Gold Bulletin: Information For Authors. Gold Bulletin, 38, 1.
  • Tokic, D. (2020). Long‐Term Consequences Of The 2020 Coronavirus Pandemics: Historical Global‐Macro Context. Journal Of Corporate Accounting & Finance, 31(3), 9-14.
  • International Trade Center (2023). Trade Map - Trade statistics for international business development, https://www.trademap.org/Country_SelProductCountry_Graph, (Access Date: 15 May 2023).
There are 25 citations in total.

Details

Primary Language English
Subjects International Trade (Other)
Journal Section Araştırma Makalesi
Authors

Makhmud Alkarabliya 0009-0001-6132-0572

Early Pub Date September 26, 2023
Publication Date September 26, 2023
Published in Issue Year 2023

Cite

APA Alkarabliya, M. (2023). GOLD TRADE IN INTERNATIONAL TRADE: WORLD AND TÜRKİYE. İstanbul Ticaret Üniversitesi Dış Ticaret Dergisi, 1(3), 22-53. https://doi.org/10.5281/zenodo.8377145