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What makes an object valuable?

For example, gold. Why is it valuable? Why do people want it? Why does it cost a lot?

4 Answers

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  • Anonymous
    8 months ago
    Favourite answer

    Low supply and high demand. 

    Condition also plays a role if something difficult to keep pristine.

  • ?
    Lv 6
    8 months ago

    Human beings like shiny rocks from the earth. I don't love gold as much as I love silver.

  • 8 months ago

    Shiny rocks... We have been worshipping for all time

  • 8 months ago

    rarity, high demand, 

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