Regarding this issue, we have to mention the role of the futures market. Its main role is to regulate the market and avoid violent fluctuations. As a reserve hard currency for currency issuance, gold determines that its actual significance in the futures market is greater than its symbolic significance.
In stable years, gold's position in the futures market generally increases steadily with inflation and economic development. When an economic crisis breaks out, gold's presence in the futures market will serve as a good early warning to the government, and It brings worries to ordinary investors about stabilizing inflation. Therefore, from a practical or political perspective, gold, as a general equivalent, will not be easily delisted unless the currencies of various countries no longer use the gold standard and gold becomes General metals rather than precious metals