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Gold is highly coveted due to its rarity, durability, and intrinsic beauty, making it a symbol of wealth and status across cultures. Its unique properties, such as resistance to tarnish and corrosion, ensure it maintains its luster over time. Additionally, gold has historically served as a reliable store of value and medium of exchange, further solidifying its appeal in economic systems. Finally, its use in jewelry and technology enhances its desirability, making it a sought-after commodity.

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Why was demand for salt as high as gold at one time?

Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.


What is gold standard in jollibee?

GOLD STANDARD It is the MOST DESIRABLE, BEST ATTRIBUTES of a product that makes it HIGHLY ACCEPTABLE to our customers.


Is demand for gold is an exception to the law of demand?

Yes, the demand for gold is an exception to the law of demand because the cost of gold in increasing day by day and it became the best business metal so the business persons storing the gold and the shortage of gold is happening and income level of persons also increases so they are making afford to buy the gold though the price of the gold touching the heights. so gold is violating the law of demand


Which country imports the most gold?

Gold is found in places like jewellery shops in Paris and London and France. So you can get gold there. There.


Gold price will increase or not?

It will Increase. If we see the historic demand for gold and the price movement of gold, it has always gone up and it will continue to do so.

Related Questions

What food was traded for gold?

In ancient times, cacao beans were often traded for gold, particularly in Mesoamerican cultures like the Aztecs. Cacao was highly valued not only for its use in making chocolate beverages but also as a form of currency. The beans were so coveted that they were sometimes exchanged for precious metals, including gold, highlighting their significance in trade and economy.


What are the most coveted collectible porcelain dolls?

The most coveted collectible porcelain dolls will vary from person to person based on someone's particular taste. Bisque dolls are highly collectible as well as high priced. Madame Alexander dolls is another example of a highly coveted collectible porcelain doll.


What is the meaning of the word coveted?

Coveted is a very strong feeling of desire for that which is another's. In other words to wish longingly fo something that is other's. Envy could be a synonym.


Where can you read Futurama comics?

Your friendly local public library may have some of these highly coveted issues -mine used to!


Why did the europeans wanted the gold?

Europeans sought gold primarily for economic gain and to enhance their wealth and power. The desire for gold was driven by the need to fund exploration, military campaigns, and trade ventures, as well as to establish colonies. Additionally, gold was a symbol of status and prestige, making it a highly coveted resource during the Age of Exploration. Ultimately, the quest for gold played a significant role in motivating European expansion and colonization efforts.


What element is highly malleable and almost non reactive?

Gold is highly malleable and almost non-reactive.


What happens when you burn gold with a lighter?

When you burn gold with a lighter, the gold will not melt or change its form. Gold is a highly unreactive metal and does not oxidize easily, so it does not burn or get damaged when exposed to a flame from a lighter.


Why does gold have highly resistant?

Noble metals have chemical similarity to noble gases, so they are resistant. Gold and platinum are the hardest to oxidize, by the highest potentials in electromotive series


Will gold combine with other elements?

No, not that i know of, gold is highly unreactive.


Why was demand for salt as high as gold at one time?

Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.Salt and gold were highly valued in the ancient world because salt was their only preservative for meats and gold was the basis for their money and elaborate decorations.


Why has gold always been coveted by people?

Gold has always been coveted due to its rarity, durability, and intrinsic beauty, making it a symbol of wealth and status across cultures. Its resistance to tarnish and corrosion ensures it maintains its luster over time, which has contributed to its use in jewelry and currency. Additionally, gold's historical role as a standard for monetary systems has solidified its value, making it a trusted store of wealth. This combination of physical properties and cultural significance has kept gold in high demand throughout history.


Which brands sell the best smartphones?

Currently, the most popular brand of smartphone is Apple. The iPhone is highly coveted and has a good reputation. Other good brands are HTC or Android.