Gold has played an important role in the financial and economic system for centuries. While it initially served as a means of payment, the role of the precious metal increasingly changed over the course of history to become a crisis currency and a store of wealth in uncertain times.
![Gold: From means of payment to safe haven Gold: From means of payment to safe haven](https://blog.en.erste-am.com/wp-content/uploads/2023/10/Gold_1_title-370x210-1697703688.png)