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J4 ›› 2005, Vol. 13 ›› Issue (05): 1-7.

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The Double Attribute of Gold and its Price Mechanism

HU Entong   

  1. China Center for Econom ic S tudies, Fudan University, shanghai, 200433
  • Received:2005-05-13 Revised:2005-07-02 Online:2005-10-27 Published:2011-11-09

Abstract:

The gold is not currency now, but the gold has been a kind of special article with both goods attribute and monetary attribute at all the time since it became currency. So the gold price mechanism is complex, its price is not determined unilaterally by a certain attributive character, but by two attribute together.

Key words: Goods attribute, Monetary attribute, Price mechanism

CLC Number: 

  • F062.1


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