All you need to know about GOLD as an investment

Gold has been used as a form of currency for centuries, and there are several reasons for this.

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First, let's take a look at where gold comes from. Scientists have now discovered a new type of cosmic explosion that is likely to have created elements, such as oxygen, iron and gold, in our galaxy's earliest stars. Meaning, the gold jewellery you own may be made of star dust as old as the earliest era of the Milky Way. Gold is a naturally occurring element, making up approximately 0.000004% of all elements on earth. It can be found in natural occurring deposits in rivers and streams but it is most abundant and can still be found deep in the earth's crust. It is the left over remains of the earliest explosions in the universe. It is now extracted from mines at a great cost and is one of the most desirable minerals on the planet.

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Next, let's look at the properties that make gold so valuable. Gold is a soft and dense metal that is resistant to corrosion and tarnishing. It is also a very good conductor of electricity, making it useful in a variety of industrial applications. But what makes gold particularly valuable is its scarcity. The amount of gold that has been mined in the world is finite, and new gold is only produced in small quantities through mining and other processes. This scarcity makes gold a valuable commodity that people are willing to pay for.

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Another reason why gold is so valuable is that it has been used as a form of currency for centuries. IT IS TRIED AND TESTED. The first known use of gold as a medium of exchange was in ancient Egypt, over 3,000 years ago.

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Since then, gold has been widely used as a form of currency in various cultures around the world. The use of gold as currency has continued throughout history, and even today, gold is still considered a safe-haven investment by many people.

So, where could the price of gold end up in the future? It is difficult to predict exactly where the price of gold will end up, as it is influenced by many factors, including supply and demand, geopolitical events, and economic conditions. However, many experts believe that the price of gold will continue to rise over time as demand for it increases and the supply of it remains limited.

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