People’s interest and fascination with gold and ornaments made of gold are eternal. At various times throughout the history of human civilization, gold has been seen as a symbol of purity; It is also a symbol of wealth and finance! Everyone wants to keep even a small amount of gold. Meanwhile, the price of gold in the market has skyrocketed day by day. But the question is, why is the price of this bright gold metal so high? Why is gold so appealing to us? In fact, the metal ‘gold’ contains a combination of elements that give it rare properties and utility as a currency. Gold is also extremely rare in terms of availability and extraction of all the minerals found underground. So very little gold can be mined every year.
Moreover, gold is an unreactive substance and does not oxidize (turn black) like silver or iron. Therefore, the weight of gold coins does not decrease or increase with time. Although metals like aluminum, silver, and platinum look almost the same; Gold is yellow. So it is instantly recognizable on sight. Gold’s attractive charm also makes it an ideal material for making jewelry. Gold’s malleability allows it to be easily melted and molded into various shapes. And when there are so many rare features, then the price will be high!