20 uses of gold

With its stunning lustrous appearance and outstanding metallic qualities, gold is considered useful in numerous industry sectors today. From accessories and electronics to dentistry and medicine, gold is ever present in our day-to-day life.

Keep reading to learn the most common uses of gold today.

We will explore the ten most popular applications of this much-coveted, versatile metal in modern times.

1. Investment

While no longer a major type of currency, gold is an effective hedge against inflation and an excellent portfolio diversifier.

Investors consider this much-sought-after precious metal a must-have in their long-term portfolios.

Historically, the price of gold increases when the cost of living rises and paper investments like stocks decline.

Investors consider gold a dependable store of value and a safe haven through turbulent economic and political times.

Investors generally do any of these steps to buy gold: 

• Buy physical gold bullion for storage, such as gold bars and coins
• Invest in mutual funds or exchange-traded fu
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