Gold – Why is it Valuable?

February 10th, 2011

Why IS gold valuable? We all know that gold is used in jewelry, but really, why is it that a simple element of the periodic table can command such huge piles of cash, when no-one really uses it for anything other than accenting their wardrobe?

The answer lies deep inside some of the biggest and most secure vaults in the world. That’s where most of the gold that has ever been mined is sitting right now. (more…)