本文从黄金属性和价格的历史发展进行研究,说明黄金的货币属性曾经发挥主要职能,“布雷顿森林体系”解体后,其商品属性显露,黄金价格开始由市场机制决定,进而论述黄金具备资产属性,提出黄金资产属性的概念,从黄金资产属性出发,研究黄金资产与其他资产包括生产性资产在长期和短期价格形成机制方面的不同。 This paper studies the historical development of gold properties and prices, which shows that the monetary properties of gold once played a major role. When the “Bretton Woods system” disintegrated, its commodity attributes revealed that the price of gold started to be determined by the market mechanism, Assets attributes, proposed the concept of gold asset attributes, from the gold asset attributes, the study of gold assets and other assets, including productive assets in the long-term and short-term price formation mechanism differences.