I’ve always been intrigued by why gold is so valuable while silver has lost so much prestige over time. The answer is simpler than it seems: everything comes down to rarity.

Think about it, gold isn’t something we find around. It formed in the universe billions of years ago, under extremely rigorous conditions, and deposits only appear occasionally on Earth. The most interesting part is that most of the gold that exists is locked in the Earth's core, completely inaccessible to us. Of all the available gold, only about 200,000 tons could theoretically be mined, and around 190,000 tons have already been extracted. That means what’s left is very little.

Now, silver is a completely different case. It used to be truly scarce, which is why it served as currency and had value. But then technology advanced, making mass extraction possible, and silver became something common, used everywhere. When it became abundant, its value simply disappeared.

It’s like a universal rule: rarity creates value. If something is rare, people value it. If it’s abundant, nobody cares. That’s why gold continues to be gold, while silver has become just an industrial metal. The reason why gold is so valuable ultimately boils down to one thing: it is genuinely scarce, and that’s not going to change anytime soon.