Uses of gold in money/finance After jewellery, the most common use for gold is in coinage. Due to its rarity, gold has long been used as a form of currency and people were using gold coins as far back as 6000 years ago. Many of the world’s currencies were fixed to a gold standard . Whilst we don’t use gold to make money anymore, it is still used in to make bullion coins, and it is estimated that around 10% of the world’s gold is used in coinage or in the financial stores of government.
USES OF GOLD IN JEWELLERY Gold has been used to make ornamental objects and jewellery for thousands of years. These are all properties of an attractive metal that is easily worked into beautiful objects. Another extremely important factor that demands the use of gold as a jewellery is a tradition. Important objects are expected to be made from gold.