Why is Gold So Valuable?

 

Gold! Even the word sounds elite. Gold has been prized by humans since ancient times dating back to 40,000 B. C., so our obsession with gold is nothing new. Virtually every civilization has had a fascination with gold used for money, jewelry, gold buying, and selling gold. However, our fixation on gold is not simply due to its overall beauty. Behind the shining, opulent nature of gold lies a value far beyond its simple existence.

Difficult to Find

Gold is a natural substance and although the earth is large, there is only so much gold on the planet. Pure, unaltered gold, is found in caves, caverns, and riverbeds in specific areas of the world. Finding it takes a lot of time and effort. Although we live in an age where most of our existence is based on a digital marketplace, gold is one thing that remains a physical entity that must be taken from the source.

High Versatility

When we think of gold, images of large bars and exquisitely crafted jewelry come to mind. However, gold is among the most versatile elements on the periodic table. Gold is actually an incredible conductor. Although it is doubtful very many homes are wired with gold wiring, the potential to wire a home with this non-corrosive entity exists. Gold can be fashioned into any shape for a variety of purposes, so it’s not just a pretty face.

The Symbol of Wealth and Power

Gold has a lot of uses in our world. However, the most common use is to showcase wealth and power. Gold jewelry cascading down the arm of the neck of any individual instantly makes them look like someone special. Gold is traditionally among the most expensive metals, so naturally it has made its mark on royalty, celebrities, and wealthy individuals from all genres.

Gold Jewelry is Often Passed Down

We wish our family members and friends could live with us forever, but that simply is not the case. When someone passes on, they often leave their gold jewelry for the next person to enjoy. Gold rings, earrings, necklaces, bracelets, watches, and other forms of jewelry are highly prized by the family and not just because of their makeup, but for their sentimentality as well. How many of us have grown up looking at our grandmother’s gold jewelry and wishing just to wear it once.

Gold holds its value for a variety of reasons. When we buy gold, we are buying something important. Gold wedding bands symbolize the bond and endless love the couple has for one another. Gold necklaces can symbolize a budding romance and even gold watches are used for retirement to make the important passage of time.

Gold is important in our society and for that we should give it the respect it deserves. Gold is far more than just an impressive piece of jewelry. It is symbolic for so many reasons and when gold buying, always seek out the best places to sell gold. Those establishments may be more expensive, but for those that truly love gold, the quality will be unparalleled.