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The result of supply and demand. The 1st is low, the second high

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Q: What gives gold its value?
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Related questions

What gives us money its value?

Gold gives money it's value


What is the uncirculated value of a 2009 Zachary Taylor gold dollar?

Retail value is $1.25 for a MS-65 example and it's not gold the brass outer layer gives that color


How could someone learn the value of older American gold coins?

Older American gold coins are a great asset to hold. Quantitative Easing may be diminishing the value of the dollar, but gold retains its value. The Coins section of the About website gives indications of values of old gold coins.


What gives money value?

Money has value because it serves as a medium of exchange, unit of account, and store of value. It is accepted by people as a commonly used medium for transactions and has a stable value recognized by society and governments. Confidence in the stability and acceptance of money by individuals and institutions also contributes to its value.


What is rose gold made of?

Rose gold is typically made by combining pure gold with copper and sometimes a small amount of silver. The copper gives rose gold its distinctive pink hue, while the gold content determines the karat value (e.g., 14k or 18k).


What is the value of a Sacajawea gold coin?

The Sacagawea Dollar coin contains no gold.The outer layer of manganese brass is what gives it the gold color.All coins struck of circulation are just a dollar.


Rope chain that is 14k gold and 18inches long what is its value at a gold exchange?

I can not honestly answer this question but I do know about a company that gives free estmates. The company is American Gold & Silver Exchange. There website is http://www.americangoldandsilverexchange.com. Hope this helped!!


What is a good financial gift for a new baby?

Items with a high resale value, such as gold, are a great investment for a newborn. It gives them a solid idea of how a material grows in value which they can actually look at.


Why do you have fish?

it gives me gold


What is the value of a 1 dollar gold plated coin with Sacajawea on front eagle on back for year 2000?

It's not gold plated the Brass in the coin gives it that color and it's not worth more than a dollar


Why is gold gold?

Gold is gold because of its unique atomic structure and properties. Its distinctive yellow color and high malleability result from its specific arrangement of atoms, which reflect and absorb light in a way that gives it its characteristic appearance. Additionally, gold is a noble metal, meaning it is resistant to corrosion and oxidation, adding to its value and desirability.


What is the value of a 2009 Gold Eagle?

August 6, 2009 The 2009 American Gold Eagle has a value of the gold bullion it contains. A proof coin may have some additional numismatic value slightly above gold value. Each denomination of Gold Eagle contains a different amount of gold and thus only a percentage of the value of an ounce of gold. Today gold is worth $963.40 per troy ounce.