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The question is commonly asked (Google the question and you get 446,000,000 answers). BBC News has an excellent answer that mirrors my answer below, but in far more depth and with much less withering sarcasm. The summary is the last two sentences, " . . . to paraphrase Churchill, out of all the elements, gold makes the worst possible currency. Apart ...


5

From a practicality perspective; Gold shared the same an early advantages that Copper did for developing societies. It can be worked by being beaten and by being cast, so the technology requirements to begin working with gold is lower than even bronze. In it's natural state gold is malleable and shiny, making it an obvious candidate for cultures and artists ...


1

To add to @Mark's answer, we may venture that in early times, gold was both rare and amenable to be crafted into jewels that thus displayed the wealth of their owner. As such, gold is a key to an elevated social status, making it highly desirable everywhere. Gold was not the first metal to serve in that role; e.g. some late neolithic tombs have yielded ...



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