Why Is Gold Considered To Be Money or currency from the strength of the sound of the world” Gold” to its un beatable value high demand which is far better than other precious metals, its beauty and so many others considering all those factors today we are going to see why today Gold is considered as many or currency.
Reason to Why Is Gold Considered To Be Money
- Although gold is notWhy Is Gold Considered To Be Money directly as money or payment method to many people. There are still many investors who buy purchase transact goods using gold as an exchange (payment )
- Gold is brought, stored and used in trade.
- Due to high value gold can be converted to cash in any currency of the country.
- It has served as a hard currency for generations and decades even before money its self.
