Final answer:
Gold contributes to economic development by creating jobs, generating revenue through exports, and acting as a store of value.
Step-by-step explanation:
Gold contributes towards the economic development of a country in several ways. Firstly, gold mining and production create jobs and stimulate economic growth. Secondly, gold is a valuable commodity that can be exported, generating revenue for the country. Thirdly, gold reserves can act as a store of value and help stabilize a country's currency. For example, countries like South Africa and Australia have benefited from the positive economic impact of gold.