Why Is Gold So Expensive?

It’s been called the tears of the sun. It’s been used in everything from important ancient offerings to the gods, to king’s tombs, to your grandpa’s crown filling. It’s gold, and the word alone carries weight.
Gold had been highly valued since the very beginning of civilization. But, why exactly is that? How can a shiny rock that can fit in the palm of your hand be worth the same as a car?
Today, we’re going to answer that question. We’ll talk about the history of gold, how it became valued, how rare it is, and if its value is going to last further into the modern age.
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Why Is Gold So Expensive?
The Value Of Gold

[@theprimest]

Gold will always be the king of investments - Steady rise in price, low volatility and a great store of value makes gold invaluable.

[@tametheark4045]

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[@DarrenDobson]

Diversify, 5% of your portfolio with Gold and Silver (50/50) AND 5% in Bitcoin and ETH (50/50). Also 30% in Real Estate. The rest, gamble in stocks, REITs, second mortgages, Art, etc

[@tametheark4045]

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[@okparaebuka6977]

Mr. Luxury, so much wealth of knowledge.

[@beckiverson1531]

It’s great to see the channel branching out into more educational content, love it

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[@20_percent]

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves." Norm Franz

[@Buzz-Of-Craze]

Like I said before, The Fed and government want the Gold and Silver lowest possible. KEEP HOLD THE PHYSICAL!

[@20_percent]

@@Buzz-Of-Craze I agree with you :)

[@Luxury-Royale]

Nice video. I never realized all of the different ways gold could be used.

[@AsiaCityTour]

Great job 👍 thanks for sharing 💕

[@michealraybedley1826]

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[@TheDropChannel]

Great informative video!

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[@slantingclock9679]

Thank you for making the video i requested(Helicopters) keep it up i love this so much

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[@farsionline104]

great video i love it

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Wow that is amazing I really like your post 🙏🙏

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[@lordluxury8992]

I used to buy some Gold in Dubaï back in the time...ah Covid...

[@nicksurface3513]

6:45 Is this really true? Thought Fort Knox alone had this much. I'm stunned.

[@nicksurface3513]

Fort Knox holds 4,583 metric tons which is a cube measuring 19 feet on each side. Wow. I could fit that volume in my apartment (after breaking it down into bars).

[@qwerty-pk6fu]

i hope this guy would hit 1M subs in 2022

[@michealraybedley1826]

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[@Egomorph1987]

Simply put, gold is expensive because Mr. Luxury is making a video on it 😎

[@mr.wealthy1102]

I love this vídeo, I have some gold in my reserve

[@christinekensenhuis4684]

Make more vids like this

[@louiecanl]

There is another theory of where heavy elements come from and one of them like in the video says, it’s from exploding stars buy another theory is two neutron stars that collide resulting in a supernova and creation of heavy elements.

[@kaladinium7337]

Your voice sounds like gold

[@davidcockayne1943]

It holds value 💎🗝✅

[@labrondockery2899]

Do diamonds next

[@jetcitysinatra7300]

I guess I should have typed in "Why Does Gold Cost So Much" this didn't tell me what i wanted to know at all. It is great to know why it is so valuable but I wanted to know why it is about $1800 an ounce.

[@luxuryvision7846]

*Every family has a person who breaks the chain of poverty. I hope you will be that person!*

[@user-lw7oh8el3t]

l liked the video my friend

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[@noedits2777]

Wouldn't it be good to make one on Diamond as well?

[@johnmosha]

I’m the first one to watch this. Thanks Mr Laxurry

[@tametheark4045]

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[@manojjacob6660]

Hey Can You Make A Video Why Diamond Is So Expensive

[@cashvault4456]

Hi there, I would like to get in contact with you in regards to KZbin promo via email? How can I get in contact?

[@siddran]

Because Mr Luxury just made a video on it😂

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[@JamesDavis-bf9uh]

Gold, Silver, Bronze? Platinum, Ruby, Diamond?, 2?

[@sekpatakun]

Gold...I need me some

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[@sekpatakun]

Thank you

[@KyrstOak]

@@sekpatakun It's a bot. It's a scam.

[@sekpatakun]

@@KyrstOak thank you. I noticed. The Internet is scary 😩😩😤

[@jamietree833]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

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Most intelligent words I've heard.

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@@carlarthur9702 Yeah, My first investment with Mr Charles Schwab earned me profit of over $25,530 US dollars, and ever since then he has been delivering

[@arthurgiroux484]

He has really made a good name for himself

[@marielucas5863]

I'm a living testimony of Mr Charles

[@ivanur5004]

The dollar got took off the gold standard by Nixon in 1971... mr Luxury I think u meant to say 1890 instead of 1990

[@michealraybedley1826]

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[@frankwhite5862]

I was hoping someone else caught that

[@educationcenter4084]

It's luxury time again.

[@michealraybedley1826]

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[@successlab5143]

Actually it's not that expensive at all. It's basically a hedge against economic bumps, because of its rarity. But since it doesn't yield any interest or other income, it's not preferred over the stock market, real estate, and other investments, unless there's an economic downside.

[@user-lw7oh8el3t]

l love gold

[@michealraybedley1826]

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[@JamesDavis-bf9uh]

Rose?!

[@moviewatcher1239]

I don't have any gold but I plan to get some one of these days gold is valuable fun fact gold is a soft heavy yellow element the most highly malleable and ductile metal

[@michealraybedley1826]

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[@moviewatcher1239]

@@michealraybedley1826 nope I don't have any difficulty in trading good sir

[@karenvillapando4288]

What about platinum and titanium??

[@tametheark4045]

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[@scootermom1791]

It's only expensive because people make it that way. If no one gave a crap about it, it would be worthless.

[@frostsmaker8966]

You have a thing for shiny rock. :)

[@frostsmaker8966]

@Mr. Luxury Crypto is not an investment. As Warren Buffet said "Why I should invest in something which didn't produce anything? Yes, crypto and gold increase their value over time but they didn't produce anything. Gold is good because it is always been rare and we can fondle it but Crypto is increased its value merely because people buying it. When people no longer buy it, the price will drop. So, it is always better to own a business than owning something that didn't produce anything" Crypto is the future of money where there will be no longer currency in every country. As long as there is a currency in each country, crypto is not a good investment. Crypto will be effective in around 100 years. This will happen when there is Global Economy Currency Super Inflation. Inflation always exists (most of the time), every time inflation is happening the Crypto will become stronger this is how Crypto will destroy the currency of the world. How did I know that? Well, I had come from the future. :)

[@blackkcinamacritic]

An education episode

[@michealraybedley1826]

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[@panglima]

Stop shilling everybody! I just want to enjoy the discussion of this video.

[@michealraybedley1826]

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[@josphatkiptoo4764]

Mr luxury are you okay

[@yashwantamin131]

My dream business gold and gold mines

[@tametheark4045]

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[@typing....7502]

No this most expensive than Gold

[@typing....7502]

kzbin.info/www/bejne/nJCsh4yDjahlppY

[@shinyfacts7887]

I would get some bitcoin.

[@peterseke6642]

What about diamond

[@LeisureLife-qk1qj]

Buy Cardano ! Also known as ADA or you'll be sorry.

[@michealraybedley1826]

Appreciate your review, do you experience difficulty in trading? Inbox Fredrick Dalbert his what's @pp +.1..2.1.8.3.8..0.7.8.6.8..

[@TheNocNavi]

Gold is crap, an element without love, tire it enough, and it will turn on you, and transform into lead. Signed: Lord Michael, arch angel of god.

[@Parwaazjj]

🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙 Why Is Gold So Expensive? Its All In Your D.N.A. Baby 👑👑👑

[@michealraybedley1826]

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[@apeakshith123]

Third

[@FOH45]

first ! 💯

[@tametheark4045]

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[@theomotayos8824]

Xb

[@soulglowsheen]

Gold Called tears of the sun.... Haha true.

[@michealraybedley1826]

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[@lorenzovonmatterhorn1248]

4:14 why is it not golden?

[@tametheark4045]

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[@santiagojones4964]

Bitcoin is the future ,investing in it now is the wisest thing to do now especially the current rise

[@dannyjang8727]

Despite all the economic crisis this is the right time to start up an investment

[@dominikbilinski9326]

Stock are good but crypto is more profitable

[@noahjacob5650]

I wanted to trade crypto but got confused by the fluctuations in price

[@MichaelSmith-fc3fe]

That won't bother you if you trade with a professional like Mr Tobias

[@olivermason6560]

I heard that his strategies are really good

[@WestSyde303]

Space is water. It's the first page. KJV

[@tametheark4045]

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[@patriceclark1194]

The difficult station actually search because mistake tinctorially warm sans a flimsy millisecond. abundant, numberless illegal

[@TruthDefender]

Gold and evolution doesnt mix well😂 change the tape

Our species place far too much emphasis on material things. Quality relationships are much more precious.

[@tametheark4045]

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[@ryansimpson3074]

Prov 22:1

[@TheDramaDivision]

Gold is quite literally the color of pee, it's price tag is the only reason rappers wear it in their mouth.. if i was that rich i probably would too. Would you?

[@Hugospencerdavies]

Cool vids but bad comment

[@YukioNeo]

Gold is history, bitcoin is the future 🚀💪😁

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