Usage of EUR currency and also probability to use Gold as currency between countries may increase in future

Usage of EUR currency and also probability to use Gold as currency between countries may increase in future.

Between two countries when a transaction should happen, a standard currency is needed.

Earlier USD was used more. Now a days countries using alternative currencies like their own currencies between two countries. Earlier for most of crude oil transactions, mostly USD was used. Now alternative currencies was in use globally. In all business sectors, Europe is trying to grow in all business sectors as each country trying to become self-reliant which comes under Europe Union.

We saw whatever gold price is high and mainly some of central banks reducing USD holdings and going towards gold. So it is key reason for gold price increase. But it is already overpriced as most of central banks of many countries buying gold. Common man better not to purchase gold for investment purpose. 

Russia and Ukraine war will also end soon. These two countries also will become asset to Europe.

Europe once again re-united when US is planning to take control of Greenland.