gold isn't man made. it is hard to mine it all at once, and the people that mine it may keep it so when supplies at stores run low the sellers that mine the gold can raise the price. and if in short supply at the store those prices get highered
Really none. That is why gold is so valuable. While other metals have similar properties to gold, none of them have the exact same. The closest metals to gold in terms of its properties are silver, platinum and palladium.
Coal is sometimes called "black gold" because, like gold, it is a valuable natural resource that has been historically prized for its energy-producing properties. It has played a crucial role in powering industrialization and development worldwide.
Gold is rare because it is scarce in the Earth's crust and difficult to extract. Its value comes from its limited supply, unique properties like durability and conductivity, and its long history as a store of wealth. Additionally, gold has cultural and symbolic significance that adds to its desirability and value.
Yes, a broken atom of gold still retains the properties of gold. The properties of an element are determined by its atomic structure, so even if an atom is broken apart, it still contains the same number of protons, defining it as gold.
First of all it is quite rare. Secondly, humans like shiny objects as part of their psychological make up and so like jewellery and ornaments made from gold. Thirdly, gold is a very good conductor of electricity and is widely used in microelectronics. Fourth, gold is very resistant to corrosion and has numerous practical uses because of this property.
Gold has always been valuable. It continues to be so, and given its history and properties will only keep increasing in value over the coming decades.
Really none. That is why gold is so valuable. While other metals have similar properties to gold, none of them have the exact same. The closest metals to gold in terms of its properties are silver, platinum and palladium.
Pure gold is not practical for most jewelry applications because it is too soft so other metals are added to make it harder. Items that are marked "P" for plumb means that it has more gold in it and thus more valuable so 10kp is more valuable than 10kt. Pure gold is not practical for most jewelry applications because it is too soft so other metals are added to make it harder. Items that are marked "P" for plumb means that it has more gold in it and thus more valuable so 10kp is more valuable than 10kt.
it is valuable because gold is easy to spot and it is so shiney that it makes people risk their lives just to get it
SALT.
Gold is a naturally occurring element, so it will always exist in some form. However, its availability for mining and extraction may vary over time. It has been treasured for centuries and its properties make it durable and resistant to deterioration, so it will likely remain valuable for a long time.
One famous story is The Gold Rush
Gold is very valuable so in 1850 the price was $550.00.
because gold is valuable in the market
Gold is an element. In the Periodic Table isis listed as 'Au' (Aurum ' Latin for Gold). However, when gold is used in jewellery it is alloyed to copper or nickel in order to harden its characteristics for wearing.
Some nations hoarded gold to make their currency more valuable so that their producers could buy raw materials at lower prices.
Coal is sometimes called "black gold" because, like gold, it is a valuable natural resource that has been historically prized for its energy-producing properties. It has played a crucial role in powering industrialization and development worldwide.