GOLD 0.51% $1,391.7 gold futures

But major currencies aren't pegged to gold, so by default gold...

  1. 485 Posts.
    But major currencies aren't pegged to gold, so by default gold isnt a currency. It is just a high priced commodity that is unreactive and relatively rare so it offers reasonable stability.

    If you take away emotion and the history that gold used to be used as a currency, it is no different to say Platinum or gemstones
 
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