4 ms·
https://www.statista.com/statistics/299609/gold-demand-by-industry-sector-share/ https://www.statista.com/statistics/299609/gold-demand-by-in... Thanks for the
by grzm 5y ago
https://www.statista.com/statistics/299609/gold-demand-by-industry-sector-share/ https://www.statista.com/statistics/299609/gold-demand-by-in...
Thanks for the link!
Investment. 46.64%
Jewelry. 36.83%
Central banks. 8.58%
Technology. 7.95%
According to the stats you shared, less than 10% is used by central banks (currency), about 37% in jewelry, and about 47% for investment.
I don’t think it’s fair to lump in jewelry with currency and investments. Much of the discussion I hear argued around cryptocurrency is in comparison to fiat currency. Investments are something again different in my opinion, though I might be convinced otherwise if I saw the those making the comparisons to, say, gold, and making cogent, nuanced points.