Investment Risks and Insurance in the Gold Market

Nikolay Megits, Serhij Reverchuk, Lyudmyla Chyzh


In this article we investigated the causes and features of investment risks in the gold market, studied the components of investment risks in this market, and analyzed the main methods of insuring those investment risks. In addition, we presented the methods and financial investment instruments used in gold operations and provided the conceptual analyses of investment risk in the gold market.


investment risk, methods of investing in gold, gold market, financial instruments, insurance investment risks in the gold


BBulanovych, P. (2004). Model mortgage insurance environmental risks cargo transit through Ukraine. Proceedings of Donetsk National Technical University. Series: Economic, Vol. 84, 201-210. (Original work written in Ukrainian)

Varfolomyeyev, S. (2003). The market for gold investment in Ukrainian investors. Kiev. (Original work written in Ukrainian)

Werner, N. (2007). Secret mines. Contracts, 20, Retrieved from /articles/2007/20.htm. (Original work written in Ukrainian)

Guidelines for the inspection of banks “risk assessment system”. (2004). National Bank of Ukraine № 104, Retrieved March 15, 2004 from (Original work written in Ukrainian)

Myhalskyj, V. (2007). The role of financial markets in the economic development of the real sector of the national economy. Kiev, Publishing house “Nick Center”, 296. (Original work written in Ukrainian)

Ustenko, O. (1997). The Economic Theory of risk. Kyiv, Publishing house “AIDP”, 164. (Original work written in Russian)

Alix Steel. (2011). How to Invest in Gold, Retrieved April 2, 2011 from

Dominic Frisby. (2013). Is this the end of the line of gold? Retrieved February 20, 2013 from precious-metals-and-gems/gold/is-this-the-end-of-the-line-for-gold-62720

Gold as an Inflation Hadge, Retrieved from

Gold bullion coins, Retrieved from /gold-bullion-coins.htm

Information on gold investments, Retrieved from

Jeff Clark. (2011). Gold Investment: What are the risks?, Retrieved November, 2011 from _risks_110920112

Mark O'Byrne. (2009). A beginner's guide to investing in gold, Retrieved November 27, 2009 from /investments/precious-metals-and-gems/a-beginners-guide-to-investing-in-gold

Matt Krantz. (2011). Is gold a better investment than bonds for reducing risk?, Retrieved April, 2011 from /money/perfi /columnist /krantz/ 2011-04-07-investing-in-gold-instead-of-bonds.htm

Patrick R. Chitwood. (2007). Investment Risk Vs.Volatility, Retrieved September 1, 2007 from

Risks of Gold Investment, Retrieved from

The Five Most Commonly-used Investment Risk Tolerance Categories, Retrieved from _tolerance.htm

What is risk?, Retrieved from

Full Text: PDF


  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

The IEECA Press

ISSN 2328-8272 (print)   ISSN 2328-8280 (online)