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because it is more rare and silver is more heavy there for less portable

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Have to partially disagree with the above statement. Gold is more rare than silver while it is still in the ground. There is actually more processed gold in the world than silver. Silver is not heavier than gold. It is heavier in 'value' than gold and therefor not as portable.

So why is gold more valuable than silver? Short answer - because people made it more valuable. Apparently, they like gold better.

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Gold also has more valuable industrial uses then silver for example: gold is more resistant to corrosion. Gold is also a good conductor of electricity, particularly because it resists corrosion i.e. silver actually conducts better then silver until it begins to corrode (charging metal tends to speed up corrosion). So it's not just that we 'like' gold more, there are practical reasons why gold is more valuable.

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Q: Why is gold more valuable than silver?
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