Precious Gold
Raghu Yadav
| 14-02-2025
· Fashion Team
With so many metals on earth, why is gold the only one that is so valuable? What are the advantages of gold?
This question, one sentence can be explained: the rarity of things is expensive. Whether in ancient times or modern times, the rarer the thing, the higher the market value.
Gold is not a product of the earth but from outer space. The gold on the surface of the earth is the residue left after the gold fell on the earth. After the Big Bang, the chaos of the universe led to the continuous combination and fission of many elements, including carbon, hydrogen, oxygen, and so on, thus forming the present universe.
At that time, the fission of so many elements and the combination of ever-changing levels led to the most amazing changes in space, with a large number of planets, stars, satellites, and so on. Also during the constant collision of stars, gold atoms are formed, and gold atoms are also known as the gold that falls on the earth.
It is important to realize that gold atoms formed from the collision of two stars are very rare. Even though the gold atoms formed in the vast universe are plentiful for the Earth, these gold atoms, formed due to chemical reactions, float in the universe until after millions or even hundreds of millions of years, when they melt inside the Earth.
These gold atoms form a radioactive metallic element that keeps sinking into the earth's core, where it cannot be mined by humans. The gold we are currently mining is only a tiny fraction of what remains on the Earth's surface. It is estimated that throughout history, all the gold ever mined would fit into a cube with sides of approximately 21.7 meters (71 feet). The discovery of new gold deposits has become increasingly rare, making the current supply limited. The combination of limited supply and the difficulty of extraction keeps the value of gold relatively high.
Meanwhile, gold is highly resistant to corrosion and tarnish, which allows it to retain its luster and beauty over time. Unlike many other metals that can corrode or deteriorate, gold remains intact and does not require extensive maintenance or preservation measures. This durability contributes to its value as a long-lasting and enduring material. The demand for gold as an investment vehicle or as a means of diversifying portfolios further contributes to its value. The global attitude towards gold is the same, things are rare and gold will always be the more valuable of the heavy metals.