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Gold is seen as a valuable metal world wide. Where did this idea originate and how much is it worth today?
Because of the unique characteristics of gold in Aonth and its ability to drag and configuration, and its corrosion resistance in gold is not a lot of metals, such as,
It does not change color when exposed to air, compared with silver when left exposed to the air and is considered one of the less active metal is chemically reacts with a few of citrus fruits only.
Importance of gold is different from other minerals in the inability of chemical reactions and oxidation with air made him an element that can be found easily on pure body
The gold metal is one of the recyclable metals, and the advantage of not influenced largely by water, air and oxygen, and it does not lose its luster not rust or erode.
Gold is the first known human element; and the reason for this is that it is an inert element does not react easily with other elements;
Depending on the same property (inert gas) does not lose its luster when exposed to water or air; for example, while iron rust easily.
Because gold Nader has maintained its value throughout the ages, and use in the currency industry since more than two thousand years.
The scarcity of gold extracted and keep its price high, and is currently producing half the world's gold mines of South Africa,
Featuring gold from other materials that are produced from it throughout the ages still exists in the form of jewelery, precious stones, or in the form of gold coins
Or in central banks as cover for coins, while this feature is not available for other minerals, including oil.
because Gold is used ad a reserves in all over the world...
Agree with expert ansewrs above
The main reason that gold is valuable is that is it Rare and yes also in Demand. It is true that gold has little in the way of uses besides it looks pretty and people consider it valuable. Part of the reason that gold is valuable is in history, in the past commodity was traded for commodity (for example an Egg for some milk. (Each person trades something they have for something they want). However the logistics of moving things such as livestock meant that gold became a useful commodity due to its rarity and it’s easier to move around. Eventually gold was replaced by paper vouchers for gold. Which is basically where paper money came from. when the gold standard was removed from money, the paper vouchers (Notes) became a valuable commodity on its own merit. The biggest problem is that it’s only a piece of paper some ink. It is possible that one day an economic disaster will render paper money worthless. This is the basic reason why many people want to buy gold. Paper money systems have existed in the distant past and so far they have all collapsed. Gold is a commodity of value based on its weight, Paper notes all weigh the same but their ink makes them more or less valuable.
gold is not like as other metal gold has a fascinating histrory on the world. ancient civilization used gold as a thing to decorate the beautiful creatures. also it is softy ,dhiny .dense metal. so thsi is valuable . for human it is valuabbel because to express other more fascinating and other thing is that it is as like cash if need then we can sell immediately to it ..
Thanks for invitation
1. Chemical properties. Gold 's valuable is links to its physical properties that render it ideal for use as money .for example gold cannot be distroyed by water( rast or tarnish)
2.Timeless appeal. Gold is the most attractive to the human eye.it is captivating. Just ask a bride you will see.
3.No counterpart risk gold is the only financial asset that is not simultaneously someone else's liability. Gold do not require the backing of any bank, government etc
4.Financial advantage. Gold has specific financial attributes that make it highly valuable.
Gold is uniquely malleable, ductile beautiful and rare.
Thanks for the invite ............................ agreed with the answers Mr. George
mankinds attituade to gold bizarre chemically it is uninteresting
it barely reacts with any other element yet,of all 188 elements in the periodic table , gold is the one we humans have always tended to choose to use as currency
