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For a relatively long period, suspicion and arguments were frequently given within Chinese academic circles on whether the gold was used as one of the medias of money. This paper cast clear shines on this issues above, and pointed out that from the CHUNQIU & WARRING STATES period on, gold, in a number of degrees, played an vital role in monetary system partly or completely, even though it’s function varied according to different time and different areas respectively.
For a relatively long period, suspicion and arguments were frequently given within Chinese academic circles on whether the gold was used as one of the medias of money. This paper cast clear shines on this issue above, and pointed out that from the CHUNQIU & WARRING STATES period on, gold, in a number of degrees, played an vital role in monetary system partly or completely, even though it’s function varies according to different time and different areas respectively.