Gold is valuable because it is a scarce resource and can be traded as a world currency. Moreover, as a precious metal, gold is also separable, and it is not easy to react with other substances, so there is no need to worry about oxidation and discoloration. As a precious metal, gold can effectively avoid the occurrence of inflation and so on, and has high value preservation.

Moreover, the gold market belongs to the global market, and no individual or consortium has enough funds to control the global gold market, so the gold price can always be maintained at a level that reflects the actual supply and demand relationship. In China, gold trading is strictly controlled.

Extended data:

Regulations of People's Republic of China (PRC) on the Administration of Gold and Silver Article 3 The State implements a policy of unified management, unified purchase and unified distribution of gold and silver. All the gold and silver receipts and payments of organs, armed forces, organizations, schools, state-owned enterprises, institutions and urban and rural collective economic organizations (hereinafter referred to as domestic institutions) in People's Republic of China (PRC) are included in the national gold and silver receipts and payments plan.

Article 7 Within the territory of People's Republic of China (PRC), no unit or individual may use gold and silver at a fixed price, and it is forbidden to buy and sell gold and silver without permission, and to borrow or mortgage gold and silver.

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