2024年8月8日 — It turns out that gold coins are not currency at all. It's bullion and, for customs purposes, considered to be in the category of excess import value.
The use of gold and silver as currency began in 600 BC with the creation of Lydian coins, which were used as a store of value in trade. Over the
The answer – technically speaking – is that it is both. Gold is definitely a commodity, but it can be used in some similar ways to a currency.
Money and gold have been related for thousands of years with the first gold coin minted around 700BC. Explore the history of gold as money here.
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.
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