What other things should gold be good for?

I'm almost the opposite. I only ever buy units as a last resort defense (unless I'm gearing up for a big war and can afford 10+ units)

Libraries, granaries, Colosseum, all top of the buy list

I was trying to be political.
 
Buying buildings is only occasionally a good idea, I think. RAs, CSs are both generally better buys.

Standing up a new late game city fast, sure, but in general if you have enough money that you're thinking about building buys in existing cities, it's time to start converting gold cities into production cities, or you have a huge lead...
 
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