Why gold is not valuable

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Abstract

f gold is decided by our emotions. Our emotions set the value of gold every day. If everyone in the world thinks that gold is just a metal and not more than that, then gold will be considered as a metal and not as a valuable object. In the modern world, people have many ways of investing, so people think of gold only as a rare material. People’s wishes have started to change nowadays. The growth of gold is also at a slow pace. People don’t have the patience to wait until the value of gold increases. The rarity of gold has also reduced the value. If the stock of

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gold under the earth had all been mined, then there would be no gold left if, after that, people thought of abandoning it. Then the value will eventually drop to zero. Gold was once used as a currency, but now due to paper notes, gold is used only to make jewelry. Most women are emotionally attached to gold. That is what makes gold valuable. Gold is considered as one of the most precious things by everyone but deep down we all know that it is nothing more than a piece of metal which came to earth on a meteor that hit millions of years ago.</p></article></body>

The value of gold depends upon people

The value of gold is decided by our emotions. Our emotions set the value of gold every day. If everyone in the world thinks that gold is just a metal and not more than that, then gold will be considered as a metal and not as a valuable object. In the modern world, people have many ways of investing, so people think of gold only as a rare material. People’s wishes have started to change nowadays. The growth of gold is also at a slow pace. People don’t have the patience to wait until the value of gold increases. The rarity of gold has also reduced the value. If the stock of gold under the earth had all been mined, then there would be no gold left if, after that, people thought of abandoning it. Then the value will eventually drop to zero. Gold was once used as a currency, but now due to paper notes, gold is used only to make jewelry. Most women are emotionally attached to gold. That is what makes gold valuable. Gold is considered as one of the most precious things by everyone but deep down we all know that it is nothing more than a piece of metal which came to earth on a meteor that hit millions of years ago.