/biz/ - Business & Finance

>>24280071
Gold is not the first workable metals; it's THE BEST metal to make fine crafts and jewelries with. It is extremely malleable and it never breaks down/rusts/etc. Pic related is nearly impossible with other common metals.

>>14843496
Let's take a look at history. Almost all civilizations throughout history gave silver, and especially gold, value because they are the best materials for jewelry: they are shiny, easily malleable and they don't rust away.

Jewelry is a timeless value for people as long as people like shiny and beautiful metals. Uses in technology helps, but gold and silver will be valuable regardless from jewelry alone. Also now because gold/silver was valuable for such a long time, they are valuable from name alone.