3 ms·
It's a common fallacy referring to the 'real' use of gold. Most experts agree that if gold would only have the industrial value, then the price would be at maxi
by sz4kerto 13y ago
It's a common fallacy referring to the 'real' use of gold. Most experts agree that if gold would only have the industrial value, then the price would be at maximum 5-10% of the current price.
Jewellery is tricky, because gold is not only used for its physical characteristics, it also 'feels good' to know that you have real gold jewellery -- which goes back to the 'perceived value/store of value' problem.