Gold Uses
Gold is a very popular item around the world, and has a variety of different purposes. There are so many uses for gold that it might take a book to explain each one in detail. Gold is most commonly thought to be used for jewelry and collecting, but in actuality, a large amount of the gold in the world is of course, used for investing in. Jewelry, collections, and other gold creations are all secondary to the uses of gold in trade and commerce, including investments. There are five markets for gold in the world, including Hong Kong, Sydney, Zurich, New York, and London. It is traded publicly in these markets on local stock exchanges every day. The price of gold largely influences who buys, who sells, and what the uses of gold are for that particular time. While it was a form of payment in years past, it is now used for investing and collecting because of our paper money system that was invented many years ago. Gold is a very popular item in the international world of investing and e-commerce, because it is worth so much and has been able to remain a steady investment among centuries of turmoil in the world.