Gold itself is non-corrosive and easy to preserve. It plays the role of "gold standard" in the international market, and can be easily converted into local currency or physical objects, which makes gold a currency reserve among countries. As the saying goes: "One shot is worth two thousand gold.
From the fundamental point of view of gold, the main factors affecting the price are exchange currency, policy situation, international relations, market supply and demand, etc.
The development of history
/kloc-before the 0/9th century, the level of gold productivity in human society was very low. Some people think that in the thousands of years before19th century, the total amount of gold produced by human beings was less than 10000 tons, for example, it was only 200 tons in18th century.
Due to the discovery of a series of gold resources in the19th century, the gold output has greatly increased since then, especially in the 50 years in the second half of the19th century, which exceeded the sum of the previous 5,000 years. In 20 13 years, the global total gold output is about 2770 tons.