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In addition to it's many uses in technology it's also a beautiful jewelry medal and it has a rare presence in all countries. Since the age of the computer with microchips which uses most of the worlds production of mined gold, The gold producers also keep the market strong by not allowing it to be sold to where there is a large supply of it. All of these things contribute to it being a rare metal and keeps its value high.

2007-05-31 04:44:16 · answer #1 · answered by puddog57 4 · 0 0

well in the past gold was a form of currency. Now with the product of what we call money it has decreased the value of gold. Gold is still considered valuable today b/c it's one of the only precious metals that has a great luster and is something the is valued all over the world unlike our us dollar that deprecates in some countries.

2007-05-31 04:32:21 · answer #2 · answered by Sexy P 1 · 0 0

because of the fact out of each and every of the metals it does no longer tarnish, it is going to consistently stay astonishing, this is surprising in itself and because that aspects instruments it different than for the different steel supplies it a quasi-non secular importance. in case you took each and every of the gold mined or panned ever contained in the international it may in ordinary terms make a cube 20m x 20m x 20m (or 22yds)

2016-10-06 09:22:45 · answer #3 · answered by ? 4 · 0 0

1. It does not corrode

2. It retains its shape and shine for years

3. It is not plentiful

4. Like money, it is also controlled by different governments.

2007-05-31 07:05:30 · answer #4 · answered by kenneth h 6 · 0 0

People like bright shiny things that don't rust.

2007-05-31 04:34:01 · answer #5 · answered by philyboyyy 2 · 0 0

because it's hard to find and hard to get.

2007-05-31 04:35:21 · answer #6 · answered by wendy_da_goodlil_witch 7 · 0 0

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