Investing In Gold Essay

936 Words2 Pages

Gold has been regarded as a brilliant and highly demanded precious metal throughout the generation of humankind, which has always been considered as a precious asset. It has been produced in many forms, such as gold bullion coins, bars, jewelry and many other forms with different weight and purity to meet human desires. For centuries, people have continued to hold gold for various reasons. There are three causes of investing in gold, which are value, durability, and monetary acceptance.
The first cause of investing in gold is value. Value means the worth of an item which determined by people’s demands (Economic value, n.d.). The causes of value include rarity and aesthetic. Gold is very rare. It exists only about 120,000 to 140,000 tonnes …show more content…

In addition, alloying gold with other metals can generate …show more content…

R. (1962). Liquidity. The Economic Journal, 72/288, 787-802. doi: 10.2307/2228351
Hogan, N. E. (2010). Jewels of the occupation: Gold wedding jewelry in the West Bank. Journal of Palestine Studies, 39/4, 43-49. doi: 10.1525/jps.2010.XXXIX.4.43
James, H. G. T. (1972). Gold technology in ancient Egypt. Gold Bulletin, 5/2, 38-42. doi:10.1007/BF03215160
Liquidity. (n.d.). Liquidity of Gold and Silver. Upner. Retrieved from http://upner.com/gold-value-information/liquidity-of-gold-and-silver/
Money characteristics. (n.d.). Amos Web. Retrieved from http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money+characteristics
Nutting, J., & Nuttall, L. J. (1977). The malleability of gold. Gold Bulletin, 10/1, 2-8. doi: 10.1007/BF03216517
Precious metal. (2014). Wikipedia. Retrieved from http://en.wikipedia.org/wiki/Precious_metal
Song, J., Wang, L., Zibart, A.,& Koch, C. (2012). Corrosion protection of electrically conductive surfaces. Metals, 2/4, 450-477. doi:10.3390/met2040450
Suarez-Denton, I. (2009). Difference alloys of gold. Cochise. Retrieved from

More about Investing In Gold Essay

Open Document