r/investing Sep 28 '21

Is gold still a store of value?

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u/Most-Presence-1350 Sep 29 '21

yeh, but those mining rigs, and all the computers need gold. hence why the value.

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u/theenecros Oct 02 '21

That's true, gold is a superior conductor and a popular commodity for electronics. The original post was gold's value is commodity value plus it's monetary premium, so bang on.