ToMistyMountains t1_ja7lfds wrote on February 27, 2023 at 1:10 PM Reply to eli5: Why gold is so precious by sokomokodos Rarity, scarcity and utility; all combined. Gold is relatively rare, you can't just dig a ground and extract gold. You can use Gold for purposes, such as chips, electronic devices etc. These are usually the more advanced and expensive tech, so gold gets a higher point there than other metals. Permalink 2
ToMistyMountains t1_ja7lfds wrote
Reply to eli5: Why gold is so precious by sokomokodos
Rarity, scarcity and utility; all combined.