Image source: Getty Images
Gold was once a common form of payment around the developed world, but after World War II the precious metal's influence began to wane. In 1971, when the United States finally put an end to the gold standard, the role of the yellow metal changed for good. But that doesn't mean gold is just an antiquated relic or a bad investment; you need to get past such myths about gold to understand its place in the world, and, perhaps, your portfolio. Here are five myths about gold debunked.
Jewelry is one of the main uses of gold today. Image source: Getty Images
Source: Fool.com