Why is gold so valuable?

Gold is valuable mainly because it is rare.

1. Gold is expensive because it needs a lot of manpower and material resources in the mining process, which means that its production cost is very high, and the quantity is rarer than most metals.

2, gold is not easy to wear, hardness is not high, cutting is convenient, and because it is expensive, it has the characteristics of monetary attributes.

3, glittering, dazzling, but also laid the same noble decorative value of gold and other jewelry.

Gold is also widely used in industry, chemical industry, medical treatment and other industries.

5. To sum up, the demand for gold is large, the reserves are small, and it has the function of currency attribute, so the price is naturally high.

Extended data:

Benefits of gold investment:

1. Gold itself is a precious commodity, and the price of gold will rise with inflation, that is, gold offsets the loss of inflation and ensures that investors' assets will not be eroded by inflation.

2. The price of gold can remain unchanged or even rise steadily in the event of a crisis, maintaining the value of assets and reflecting the good hedging property.

3. Gold can be traded 24 hours a day, with good liquidity.

4. The value of gold is stable and it is not easy to depreciate.

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