1 thought on “Why is gold so valuable”

  1. The value of gold is mainly reflected in liquidity and ornamental (jewelry). Gold is a kind of hard currency, which is valuable to be linked to the US dollar.
    . The hard currency of gold.
    Is when the world's political situation and economic instability, especially when war or economic crisis, various general investment instruments such as stocks, funds, and real estate will be seriously impacted. At this time, gold reflects a good risk aversion Attributes. Even in the economic crisis, the price of gold can still remain unchanged or even rose steadily, maintaining the value of assets. With the continuous mining and demand of gold minerals, gold has become more rare and enhances its own risk aversion attributes.
    . The appreciation value of gold
    Gold is a symbol of wealth. Gold jewelry can be fused with any color of red, white, and black. A warm atmosphere with the red series is the first choice for young and optimistic women, and it is admired in various festive occasions. Form a mysterious and noble style with the black series. It is liked by cold and arrogant women. It usually appears in the dinner and is unforgettable. Gold rare.
    The total storage of gold on the earth is very small compared to other metals. For example, iron and aluminum are the largest metal on the earth, so these two things are not valuable, and the most existing elements on the earth are It is silicon, so the sand (the main ingredient is silicon oxide) is the most valuable.
    The price of gold is expensive because it requires a lot of human and material resources during the mining process, that is, its production cost is high, and the number is scarce than most metals.
    and from ancient times to the present, the mining technology of gold has hardly obtained any technical breakthroughs, so its production cost and market price are relatively stable, unlike certain products, which have rapidly depreciated due to the significant increase in labor productivity. These characteristics make gold the ideal value preservation. Governments and people of various countries like to buy and reserve gold as a way to avoid risks and property reserves.
    The international forms have been unstable recently, and the price of crude oil in the international market has risen. People have purchased reserve gold, which led to the highest point in the international market gold price to the highest point in 25 years.
    gold also used a lot in the industrial field. The golden chemical properties are stable and extended. They are one of the best conductors. Therefore, many high -science cables, chips, and main editions are made of gold. The "golden finger 'used by the computer's memory is gold.
    Gold is also a hedging product in investment. Essence Because people have greatly reduced their confidence in currency and have no good investment channels, everyone chooses to buy gold. Essence Just like inflation now, everyone is worried that the money bank will not preserve the value, but the money on the hand does not know where to invest, so they choose to replace the money into real estate or gold.

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