What gives way to the popularity of gold are recession times and economic crisis.  This precious metal has reached its peak value and is still becoming to be one of the most profitable forms of investments.  Many people are engrossed in the market of gold such as buying gold, selling gold, gold exchange trade funds, gold funds, and gold jewelleries for the sake of gold value.

Humans started to develop his commodity which is called money when the barter trade unfolded its dilemmas.  Gold and money is coined in one term around 5000 to 700 BC.  But money was subject to inflation just unlike gold.  The rules then extended the supply of money by an increase in coins production.  The value of these then decreased causing inflation for the first time.

But if the money was in form of coins silver or gold, it still had its value because it could be melted and then used for any other purposes.  Before, the money that is made of paper was introduced based on silver or gold standard.  It could be exchanged for real gold but of course, according to the rate of gold that is standardized by the government.  Today, there are no government still using the gold standard since it’s replaced by the flat currency.