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why does gold have such a high monetary value aside from its electronic applications and jewelry?

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Gold is rare and very expensive to mine and extract. Rarity=value.

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you have redeemed yourself. lol
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Cool.
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just because something is rare does not denote value...
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Sure it does.
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It's a rare metal and it's also pretty. These two things make us value it quite a bit.

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I do not think the gold in/on electronics is pure gold.

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