Why gold is still Relevant?
We are in the year 2020.
The year of new age.
But despite this our central banks are still relying on gold to back it's currency.
But my point is,
Gold has no practical use then why are we giving it so much importance?
Please put forth your views.
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An interesting question gold is considered as an important asset in the world because it is one of the most precious natural resources that can mined on the earth crust and it can be used for making expensive jewelries, electronics, medicine and lots of interesting and attractive asset, as you may know gold does not fade or loss value the longer it is hold the more it value increase.