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by grzm 1636 days ago
https://www.statista.com/statistics/299609/gold-demand-by-in...

Thanks for the link!

    Investment.    46.64%
    Jewelry.       36.83%
    Central banks.  8.58%
    Technology.     7.95%
According to the stats you shared, less than 10% is used by central banks (currency), about 37% in jewelry, and about 47% for investment.

I don’t think it’s fair to lump in jewelry with currency and investments. Much of the discussion I hear argued around cryptocurrency is in comparison to fiat currency. Investments are something again different in my opinion, though I might be convinced otherwise if I saw the those making the comparisons to, say, gold, and making cogent, nuanced points.