First, the value of gold comes from its rarity. Gold is a limited resource on the earth, and its output is very small, so it is very precious. In addition, gold can be processed into all kinds of exquisite jewelry, which increases its particularity and collection value.
Secondly, gold is also an important asset for inflation hedging. Due to the high stability and liquidity of the gold market, many investors choose to transfer their funds to the gold market to hedge during the economic downturn, which indirectly leads to the rise of gold prices.
Finally, as an international currency reserve, gold is often influenced by international politics, trade and other factors, so its price fluctuates greatly. Against the background of international events such as political instability and the threat of war, people's trust in currency and stability has declined, and the demand for safe haven for gold has increased, further promoting the rise of gold prices.
Therefore, the high price of gold in Zhou Shengsheng is influenced by economic cycle, political diplomacy and other factors besides its rarity and exquisite craftsmanship.