Why do people often buy gold in times of war?

Question

Quizplus · Accepted Answer

In times of war, the value and acceptance of local currencies become uncertain. People may fear that their government-issued currencies will lose value or become worthless, so they may turn to gold as a store of value and a medium of exchange. Gold has been historically recognized as a form of currency that is universally accepted, and its price is seen to be more or less stable, making it a safer investment. Additionally, gold is easily portable and can be used for purchases when other forms of payment may not be accepted.

Why Do People Often Buy Gold in Times of War