this post was submitted on 28 Jan 2024
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Gold for house (lemmy.ca)
submitted 10 months ago by [email protected] to c/[email protected]
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wood for sheep?

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[–] [email protected] 4 points 10 months ago

Gold's value isn't tied to its usefulness. Based on statista, less than 7% of global gold use is for "technology". The rest of it goes to jewellery, investments and banks.