What are the advantages of gold mining?

Answer 1

what are the advantages of silver service to an establishment?

Answer 2

It retains its value better than paper currency does. This is due to the fact that paper money can be inflated by the government that prints it, and/or by counterfeiters. The only way to bring more gold into the existing supply is to mine more, and the labor invested typically keeps the price good even then.

However, it's worth noting that there is no intrinsic value of gold in the sense that some think. Its value is solely in that people desire it, a desire that has admittedly remained constant for several millenia. Should this flag, the prices would fall.

Additionally, any rapid increase in supply would drop the price. Such as finding a mother lode source in Antarctica that can be relatively easily extracted. Or if a cheap process was developed for mining the trace amounts of gold found in seawater.

Answer 3

Mining gold is a decent way of making money as F2P, considering the market value of Gold Ore is 588 coins and, at a decent level, you can mine about 120 gold ores every hour in the Crafting Guild, providing 70560 coins an hour. However, as P2P, mining Pure Essence is a better way of making money, as this provides about 130,000 coins an hour.

Answer 4

Gold is beutiful, super bright and uncorroded. Gold does not harm skin.

Gold is soft and ductile.