The impact of the economic situation on the gold market

Aim of this thesis is characteristics of gold as commodity and analysis of world gold market focusing on economic determinants (offer and demand) which compel the situation on the market. Then evaluation of gold investments in cooperation with risks consequent from investments. Theoretical part of this thesis is elaborated on study of scientific literature in topic of gold and internet resources specialized especially on describing chemical and physical features, price development, forms of investments, deposits and use. Practical part of the thesis includes analysis of the world market, gold offer and inquiry. Important point is comparison of gold with other chosen commodities, more specifically with silver, oil and electricity. Also this part describes ways of evaluations and investments, while the most profitable investment are certificate purchases. The gold market is constantly affected by economic situation of every country. Gold inquiry stagnates but its stock and offer for gold is slightly increasing. It means, that gold mines might be completely excavated one day. Despite that gold is often invested in as well as being turned into jewels. Thanks to that gold is called rare and precious metal and people are still aware of its (constantly) growing value