Home 1 What do gold and money have to do with each other?

What do gold and money have to do with each other?

What do gold and money have to do with each other? Here are some quick facts about gold: It is quite scarce; it has a high value for small amounts and is enough to go around; all the gold EVER mined weighs approximately 171 thousand tons; and at today’s current price, gold is worth approximately $1,346.60 per ounce in USD. Here is a cool picture that explains gold and currency even more, and why currency is worth something.

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