Why are gold ornaments expensive?
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Gold, unlike many other metals, is relatively expensive to produce, thus making the base price fairly high. ... Another reason due to which gold works well in terms of value is because gold does not readily oxidize thus, it maintains a constant weight. Other metals, such as iron rusts and copper gets oxidized.
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Gold is heavy and dense – about twice as dense as silver, in fact. This means that, per volume, a little gold goes a long way. It's more comfortable to carry around a hundred bucks worth of gold in your pocket than a hundred bucks worth of silver.
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