Fonte: Revista Turismo Estudos e Práticas - RTEP/UERN; No. 5 (2020): Geplat: Caderno Suplementar; 1-7
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Resumo: The article is devoted to the development of approaches to the new institutionalization of monetary gold. Gold is considered a strategic metal, and its price is a key indicator of global business confidence. Central banks periodically can borrow a part of the gold reserve to other market participants to earn additional income. At the same time, gold cannot physically move but can be stored for convenience in central banks of jurisdictions that belong to international financial centers. Gold should maintain its important role as a component of a country's international reserves and the optimal amount of gold reserves should be stabilized with a further course to increase the reserves of monetary gold. Given the instability of leading foreign currencies and the risks of investing in sovereign bonds, the share of gold in international reserves should be gradually increased.
