Gold

Gold is a precious metal sometimes used as investment and historically as coinage for currency.

See also gold standard.

Properties

Gold has use value in jewellery and electronics.

Gold is a speculative investment.

Gold has no fundamental value.

Gold has no income.

Gold is a non-productive investment.

References

  1. Eich, Stefan. 2018. ā€˜The Currency of Politicsā€™. The Political Theory of Money from Aristotle to Keynes.
  2. Larue, Louis. 2020. ā€˜ā€œA Conceptual Framework for Classifying Currenciesā€.ā€™ International Journal of Community Currency Research 24 (1): 45ā€“60.