Why Is Gold So Valuable?

No matter the strength, appearance or rarity, no metal in the world is held with such high regard as Gold. For centuries, it has been a symbol of wealth, status, and power, and in the modern age, the absolute standard for global currencies. A massive symbol in religion, Gold can often be found in many churches across the world as well as religious texts, crowns, crucifixes and jewellery. For as long as it’s been in existence, people have always wondered why Gold has such value, both financially, and within society. One of the reasons Gold is so sought after is that it is inert, this means that it can’t rust, corrode or degrade as it doesn’t interact with other elements the same way many other metals do. It’s a generally accepted fact that Gold, if taken proper care of could last near enough forever. It is also incredibly adaptable, as it can be stretched, moulded and reformed without breaking, allowing designers, jewellers and creators to use it at their will. It is also a conductor of electricity and can be found in computer parts and cables designed for audio use. However, fancy jewellery and high end electrics aren’t the only places you’ll find the elusive metal.

  • Alcohol

Goldschläger, the Swiss schnapps features small, yet clearly flakes of gold floating in it. How’s that for luxury?

  • Phone Covers

The latest trend amongst the ultra-rich is gold plated/ phones and tablets!

  • Cars

BMW’s, Ferraris, Porches, how does one make an expensive car more expensive? Cover it in gold, of course!

  • Underwear

Turns out Gold plated Bras are all the rage in the fashion industry right now, just incase you needed to show how rich you are both inside the bedroom, and out.

  • Coffee Machine

At a whopping £1,070, you can grab yourself a completely gold LA PAVONI coffee maker to add a little glamour to your kitchen counter, and your morning brew.

  • A Bicycle!

Yeah, we can’t really see the merit in this either. But then again, even the mega rich need to stay fit!

Despite not being the rarest, or even the most expensive material on earth, Gold is still considered the stand by which value is defined. The combination of both rarity and aesthetics has pushed gold to the top of the ladder when it comes to sought after metals. There’s not a single material on earth that has the appeal that gold has managed to earn.

Credit to Slot Games