answersLogoWhite

0

gold has i high value in the human society because gold is precious, rare and everyone wants a piece of the beautiful rock

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Why is gold value high?

Because gold is in less abundance and because the the U.S. has made more money then they have gold.


What is the value of a 5 gold liberty head?

unless it is a better date or in HIGH ms quality it is worth its melt value in gold. coinflation.com will tell you the melt value


What are small long pieces of gold called?

Small long pieces of gold are typically known as gold bars or gold ingots. They are typically used as a form of investment or as a store of value due to the high value of gold.


Is fools gold valued?

Fool's gold (pyrite) has a value as an ore of sulfur, but typical mineral specimens for collections are not of high value unless somewhat exceptional.


Which is known as liquid gold?

Petroleum is called liquid gold because of its high price and value and its economic "need".


Why was gold one of the metals used by man?

its very pretty and has a high value and strong


What gives gold its value?

The result of supply and demand. The 1st is low, the second high


Why the gold rates are going very high?

Gold rate is increasing day by day because most of the peoples are trying to invest on gold as jwels or mostly as gold biscuits. And also it seams the value of gold remains almost constant but the value of money seems to be decreasing.


What does HG mean on rings?

HG on rings typically stands for "heavy gold" or "high-grade gold," indicating that the ring is made of a high-quality gold alloy with a significant gold content. It is a stamp commonly found on gold jewelry to signify its value and quality.


Is gold the most expensive?

Gold can be the most expensive, but it all depends on the economy. Even the price of gold CAN drop because of the economy. If the value of money decreases the value of gold increases because no one can afford it. Since we are currently in a recession, the price of gold is at its all time high.


Where is gold exported?

Gold, throughout human history, has always retained a high level of intrinstic value. This, along with its high demand, has meant it has always held a high level of worth and is a good preserver of monetary wealth. Due to this, many central banks, governments, organisations and individuals stockpile gold to preserve their wealth. Gold is also a major substance used in jewelry. Watches, necklaces and rings all contain gold. Gold is also a major substance in alloys used to create currency. In relation to the question, all countries import gold as it is such a highly prized and highly sort after commodity.


How much would a first day of issue gold stamp from 1886 be worth?

If you are referring to the gold replicas, the value is not high. Most of these can be purchased for a dollar or two. The value of the gold is almost nothing, as it is a thin layer on aluminum or plastic.