Hi friends,
The other day, I asked a question about the purposes gold is used for today. Here was the question:
Which of these is currently the largest use of gold?
A. Central Bank Buying
B. Investment Use
C. Jewelry
D. Commercial Use
The answer is C - Jewelry!
Jewelry makes up 44% of gold’s use, while Central Bank buying makes up 21%. Investment proposes is 19%, and commercial use is 10%.
Interesting!
Thanks for coming by,
Brian