That's generally not true with transaction between countries:
> when countries exchange money for goods in other countries, the gold bars aren't even moved. they bar just gets recorded as belonging to another country
And I don't think individuals or companies make transactions with gold that often.
> when countries exchange money for goods in other countries, the gold bars aren't even moved. they bar just gets recorded as belonging to another country
And I don't think individuals or companies make transactions with gold that often.