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2006-08-22 15:15:18 · 17 answers · asked by john F 1 in Social Science Other - Social Science

17 answers

I think that it was for several reasons.
1 - Gold occurs in alluvial deposits, thus being easily collected;
2 - It´s a soft and malleable metal, making it very easy to shape it in various forms;
3 - It´s a shiny metal, of a nice yellowish color, very attractive;
4 - It´s a rare metal, and things that are rare are valuable.

2006-08-22 15:23:01 · answer #1 · answered by ptblueghost64 4 · 0 0

When we were a barter economy, we found a stone that when you rub it with pure gold you had one color, and another color when the gold was mixed with other metals. We called this a touchstone. After that we could always tell the quality of the gold, and that made it a dependable commodity to trade for all other commodities.

2006-08-22 15:22:25 · answer #2 · answered by eric l 6 · 0 0

Its beauty, rarity, malleability, and permanence (it doesn't corrode). As a commodity, its price goes up , because the money used to buy gold gets less and less in value as greedy governments print more and more worthless paper money. As a standard (backing for money or as money itself), gold holds its value and prevents inflation from occurring.

2006-08-22 15:25:29 · answer #3 · answered by The Invisible Man 6 · 0 0

excellent question
i've often wondered that.
I would imagine that it is beautiful when it is pure. I've seen gold ore and it's not even gold, so how they figured it out is quite the mystery to me
on another note - during biblical times, SALT was more valuable than gold,
as well, at the mid millenium, pepper and tea took their turns

2006-08-22 15:18:12 · answer #4 · answered by Anonymous · 0 0

Gold was picked because of its beauty, rarity and malleability.

2006-08-22 15:16:56 · answer #5 · answered by Anonymous · 0 0

Gold is scarce and yet beautiful.

2006-08-22 15:17:13 · answer #6 · answered by Nicky 2 · 0 0

men all wanted it so it came to have a value

2006-08-22 15:16:51 · answer #7 · answered by sportygirl15227 2 · 0 0

For the same reason men do everything else..... because it turns chicks on

2006-08-22 15:18:35 · answer #8 · answered by lowrider 4 · 0 0

I guess its rarity. If there were a LOT of it, it would be worth much much less.

2006-08-22 15:17:13 · answer #9 · answered by scramble7 2 · 0 0

the fact that we like shiny things

2006-08-22 15:18:55 · answer #10 · answered by unison_111 2 · 0 0

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