DEVELOPMENT PERSPECTIVES OF THE GOLD MARKET AND THE TENDENCIES OF ITS CHANGES IN THE SITUATION OF WORLD FINANCIAL CRISIS
Gold reserves are an important component of currency-financial segment of financial resources of the country. They are represented as high liquid assets that act as a guarantee of the discharge of foreign obligations by Russia. The bigger is the amount of gold and foreign currency reserves, the more reliable is the country for foreign investors and creditors. The authors of the article evaluate the Russian practice of making gold and foreign currency reserves and suggest the methods of its improvement.
Marina Y. Pogudaeva, Doctor of Economics, associate Professor of Russian State Humanitarian University; Yuriy I. Pogudaev, posttgraduate student of Moscow Regional Institute of Higher Social and Economic education.