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TOPIC: Why do we value gold?

Why do we value gold? 08 Dec 2013 19:40 #1

  • pheony
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Mankind's attitude to gold is bizarre. Chemically, it is uninteresting - it barely reacts with any other element. Yet, of all the 118 elements in the periodic table, gold is the one we humans have always tended to choose to use as currency. Why?

www.bbc.co.uk/news/magazine-25255957
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Why do we value gold? 08 Dec 2013 20:12 #2

  • jonb
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Partly because it does not react, where as organic substances will rot, other metals will tarnish, and oxidise, gold does not fade like many stones, so it seemed to have an element of the eternal about it.
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Why do we value gold? 08 Dec 2013 20:36 #3

  • Worzel
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jonb wrote:
Partly because it does not react, where as organic substances will rot, other metals will tarnish, and oxidise, gold does not fade like many stones, so it seemed to have an element of the eternal about it.

And easily malleable, and can be found in nice pure nuggets and is 'relatively' rare.
Not a fact but a wild articulated guess, if Mr T fell in a river the amount he wears would drown him, and ironically he probably pity the fool who wears too much bling :)
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