I honestly didn't know the answer one way or the other. I had only heard arguments the other way (no utility outside of storing wealth). I only really seen gold's application (outside of money) in jewelry myself, which I don't put in the category of utility, but decoration, or something like that. And I suspect it is prominent as decoration because of what gold represents... not it's utility, per say. But that gold is a useful commodity otherwise is news to me.
I thought one of the argument for gold as money was that gold isn't consumed, per say... ???
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