Ram - Gold commands its value from what it's perceived.... Just as a printed paper is worth $100, or Rs. 500 or an arrangement of a few carat of carbon atoms makes it a good buy for millions of $'s. As traders, barring anything that can be legally or morally wrong (drugs, guns and such) to trade, gold or bitcoins (which does not even have a physical structure) market perception of values count - Just as Tulips did once....
My 2C.
My 2C.
Except ornaments, whats the use of gold in day- to-day life,
Rubbish metal, Its real value is 100 $
Rubbish metal, Its real value is 100 $