How is gold so valuable and the basis of currency, if it’s just being stored and not used for anything? 875 viewsJanuary 3, 2024 Question100.55K February 28, 2021 0 Comments How is gold so valuable and the basis of currency, if it’s just being stored and not used for anything? In: Economics 8 Answers ActiveNewestOldest Anonymous Posted February 28, 2021 0 Comments Just like any other thing in finance related to currency it is based on the confidence of the consumers. The confidence it storea value and that it resist inflationary pressure You are viewing 1 out of 8 answers, click here to view all answers. Register or Login
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