In Yin Shang and Western Zhou Dynasties, gold was mainly used as an ornament. From the Qin Dynasty to the Western Han Dynasty, gold became more and more popular as a currency. After the Tang and Song Dynasties, the monetary role of gold rose. From the Eastern Han Dynasty, Wei, Jin, Southern and Northern Dynasties to the Sui Dynasty, gold was mainly used for storage and decoration. After the Yuan Dynasty, gold no longer circulated as currency!

1, gold rarely shoulders the responsibility of currency in the history of China!

2. The earliest currency in the history of China was shells, followed by metals (mainly bronze).

3. Gold was only established in the Bank of England16th century, and gold was used as the basis for issuing paper money.

4. In ancient China, gold was generally used as jewelry (handicrafts and decorations) and as a gift.

The gold standard was abolished by the world finance in 1970s, because gold was limited and could not meet the needs of the world economic development. At present, gold is still used as the basis of wealth and good physical preservation, but it is not used as the basis for issuing extra money.