What makes Gold so valuable?

Question

When (and who) was it (that) decided that gold would be so valuable? What makes it so special?

Answer 1

Warning: this isn't fact

I think it was a woman. Some woman said, "Oh how pretty! Get if for me hunny!" And he did and the next woman who saw her with it said the same thing to her husband. And so on and so forth.

I mean seriously, men will pick up a pretty rock and be like "oh cool" and put it back down. But a woman, would want to keep it. Gold and diamonds have no real use, so why spend so much money for it? Because of the WOMEN!

*ducks for being called sexist

Answer 2

It began in early human history, gold is one of the few metals that is found in it's natural state that can be easily molded and melted in a low temp fire. Copper is one of the other ones. Because gold is so soft, it does not hold an edge well, but it does hold shape for designs. It also takes ages to tarnish and so holds it's luster longer than most metals. This made it valuable as a "accent" metal, and to set pretty stones into items with. It's rarity made it more valuable.

In modern times the value of gold is not so much placed on the fact that it is pretty and rare, but on it's ability to conduct electricity in small amounts. It is one of the few pure metals that is almost completely conductive allowing for very little loss of electrical energy over a bridge in a circuit. Again, rarity comes into play, but 90 % of all electronics use gold in the manufacturing process, and this is a huge component in the modern price of gold. 60% of the world's gold production is used in electronic manufacturing, not in jewelry.

Answer 3

the best known conductor for electricity ,which is why it was so valueble for the Anunaki and other extrateretrials ,and could be incorperated in the body as it is not corrosive

Apart from that it is soft and pliable.so is easy to use for artwork or ornaments or decorate utensils.and is a pretty color

the oldest known mines in the world were in Zimbabwe which means -deep deposit-

it has been mined forever and by all ancient civilizations which in fact were laboring civilisations .many thousands of tons must have been mined
by these many civilizations ,of China,Africa,Central America ,Babylonia.India etc.

but only a few tons can be accounted for on this planet today
the big mystory is where has it all gone??????
all have a sophisticated agriculture and an foreign elite as rulers in common (decendants of the Nordics and Anunaki)

the legend is that the Adams race was created as slaves by the Anunaki to mine gold for them and we descend from them.
the Anunaki and Nordic descendants today are the elite of the masons called the illuminati

and the masons or knight templer have been every where where gold was stolen,In Europe,the Crsusades ,Africa (Cecil Rhodes and Openheimer).and >Central America(the Spanish)

so look for gold and you find illuminati and we can be pretty sure that they know where the thousands of missing tons of gold have gone.
and it is not on this ´planet.

Answer 4

Its rarity makes it valuable, just as platinum is more expensive than gold. What dictates the price is what a willing buyer will pay to a willing seller. Sort of amorphous I know, but that is the simple truth.

Answer 5

Well, it all started a long time ago.
Somebody like gold, and somebody else found out.
It became valuable when somebody found out that sombodyelse would trade stuff to get it.

Then as society progressed and trading and bartering led to using stones, shells, beads, etcetera as a symbolic means to promise something of value sort of like promissory notes, and money was invented.

Instead of keeping the standard for how much money was worth in terms of bread, sheep, etcetera, we eventually decided to use one standard thing...gold.

Money represents gold, and gold represents value, and value the ability to buy. So when you sell something for money, to get symbolic value (money, representing gold) to buy something else of value.

Answer 6

Gold is pliable in its original state, so much can be made of it, but cannot be used except for decoration, thus its really worthless except for pleasing women and other uneducated metal lovers.

Answer 7

Rarity, purity, intrinsic (emotional value), tied (peripherally) to economic conditions as a "constant" mode of exchange..

Answer 8

Don't know don't care. It is just VERY rare that you find gold.

Answer 9

because it's rare and beautiful and it will always have a worth because of the demand of people