Why Is Gold so Expensive?

Answer

The main reason why gold is expensive is because the supply is limited and the demand is high. Furthemore, its stability in the market makes some people hold their money in form of gold. Gold when compared with other metals is the most ductile, malleable and prestigious to use in jewellery and this makes it expensive.
Q&A Related to "Why Is Gold so Expensive"
Gold is so expensive because it is rare and is in high demand. It cost a lot of money to mine it and to refine it. It is a natural resource though and natural resources are running
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Wow, that's a good question. It's partly supply and demand, it's partly speculation by commodities investors. There's also the "wheel of calamity" theory, which states they
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Anything made with gold is expensive right now. The price for gold is $911.40/ounce. With economy
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