Why is Gold Valuable?
August 20th, 2008
Some people don’t like to invest in stocks or bonds but they like to invest in precious metals such as gold. Why is gold valuable?
Reasons why gold is valuable
- Gold is the most ideal medium of exchange that retains its value.
- Gold can be traded like any other forms of valuables even when money is not accepted.
- Gold is malleable, ductile and can be easily measured and divided.
- The qualify of gold is consistent.
- Gold does not rust, tarnish or corrode
- Gold is quite indestructible
- Gold is attractive
- Gold is recognized and accepted by almost everyone
So, in this market, maybe investing in gold is a good idea… any thought anyone?
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Tags: gold, gold investing, Investing, investing in gold, precious metals, valuable gold, why gold valuable