Great post @roseybag! In my opinion, gold is more of a commodity than anything else, but it could also be viewed as some form of non-government backed currency.

The real value of gold is yet to be fully explored. For instance, the precious metal can be applied in healthcare as a mono-atomic gold Ormus to deal with several health issues. It also has applications in technology since it is a powerful superconductor.

More and more use cases of gold are being discovered, and I think that it may increase the demand for the precious metal in the future.