Gold's high value stems from its rarity, durability, and role as a safe-haven asset

during economic uncertainty, making it a store of value and a hedge against inflation.

Here's a more detailed explanation:

Rarity and Limited Supply:

Gold is a finite resource, meaning it's not readily available in large quantities, and mining it is both
costly and time-intensive.

Durability and Resistance to Corrosion:
Unlike many other metals, gold doesn't corrode or deteriorate, making it a durable and long
lasting asset.

Store of Value:
Gold has historically been used as a store of value, meaning it retains its value over time,
especially during periods of economic instability or inflation.

Safe-Haven Asset:
During times of economic uncertainty or geopolitical turmoil, investors often turn to gold as a safe
haven asset, as it tends to hold its value better than other assets like stocks or bonds.

Industrial Demand:
Gold is also used in various industrial applications, including electronics, medicine, and emerging
green technologies, contributing to its overall value and demand.

Central Bank Demand
Central banks are increasingly increasing their gold reserves, which also contributes to the high
value of gold Silver is considered valuable due to its scarcity, unique properties, and diverse industrial
and technological applications, making it a precious metal used in jewellery, electronics,
solar panels, and other sectors.

Here's a more detailed breakdown:

1. Precious Metal Properties:

Scarcity:
Like gold, silver is a relatively rare metal, contributing to its perceived value.

Brilliant White Colour:
Silver's distinctive appearance makes it desirable for jewellery and decorative applications.

Malleability and Ductility:
Silver's ability to be easily shaped and drawn into wires makes it suitable for various industrial
uses.

Resistance to atmospheric oxidation:
Silver's resistance to tarnishing makes it a good choice for jewellery and other applications

2. Industrial and Technological Demand:

Electronics:
Silver's high electrical conductivity makes it a key component in electronics, including computer
chips and other devices.

Solar Panels:
Silver is essential in the manufacturing of photovoltaic (PV) solar panels, and demand is expected
to increase with the growth of the solar energy industry.

Other Industrial Uses:
Silver is used in various other industrial applications, including batteries, catalysts, and medical
devices.

Green energy transition:
Silver is important for the transition to green energy

3. Investment and Safe-Haven Asset:
Investment Demand:

Silver is also seen as a store of wealth and a hedge against inflation,
similar to gold.

Safe Haven Asset:

During periods of economic uncertainty or geopolitical instability, investors
often turn to precious metals like silver as a safe-haven asset.

Industrial demand:

A large portion of silver demand comes from industry
Demand for silver is high: Demand for silver is expected to continue to rise!