Gold as an asset class has a long history of use - trade, jewellery, store of wealth etc. In the current era gold and silver is extensively used in the industry especially electronics - Rockets to EVs to IOTs. This is a significant reason for gold and silver price boost apart from the usual geo political and economic reasons. 2023
I have some inside edge on industrial use of gold as I have been working in the electronic industry for a very long time now.
