Nota Bene
Compared to other asset classes, gold has historically outperformed in a wide range of uncertain economic scenarios: deflation (falling prices accompanied by low or negative growth), stagflation (high inflation and low growth as seen in the US in the 70s) and in potential hyper-inflationary outcomes while it tends to lag when the global economy is booming.
About Keerthika Singaravel
wealthymatters 
It seems like Bullion gold…. was used for trade in early days.
I don’t know of any historical instance of when gold ingots were used as money by ordinary merchants.But silver ingots were.I think it might have something to do with the fact that gold was a lot scarcer in olden times.Most of today’s overground gold was mined in the last century.
Gold coins were however in use among traders right from antiquity.Have you by chance seen a Fanam/Panam coin? Check how small this gold coin was.
Fanam coins seem like ancient gold coins..
Well,thanks for sharing information 🙂
You’re welcome! It was nice hearing from you.Thanks for commenting.