Book Review — Gold a unique, evolving commodity

The International Gold Trade, by Tony Warwick-Ching, Woodhead Publishing, Abington Hall, Abington, Cambridge, England, CB16AH (US$150).

This book provides a comprehensive survey of a rapidly evolving picture, says Woodhead.

The book is in three sections: the first sketches the structure of the gold market from the perspective of the commodity analyst; the second looks at gold mining; and the third surveys the uses of gold and discusses the metal’s future.

Among the topics covered are the uses of futures contracts, the rise and fall of gold prices, macroeconomic influences, the Bretton Woods system and international trends.

Other books of interest include The International Silver Trade written by Thomas Mohide, one of the world’s acknowledged authorities on precious metals.

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