Global InterGold’s Post

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For thousands of years, gold has served not only as a symbol of wealth and luxury, but also as a reliable financial asset. So reliable that at some point the so-called “gold standard” appeared — a system in which the denomination of one monetary unit is equal to a certain amount of the precious metal. However, the transition of the world economy to the gold standard did not happen instantaneously — for some time, silver was used in monetary settlements. But at a certain point, changes occurred in the international financial system: Great Britain, which had accumulated significant gold reserves, became one of the first countries to use gold as a standard. The gold standard was abandoned long ago; however, gold itself continues to play an important role in the world economy. The precious metal has established itself as the basis of Financial Security and a key tool for protecting savings. #gigos #gold #videoaboutgold #investors #investments #investmentgold #goldstandard

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