Why is gold so valued? It doesn't seem to be useful for anything except making ornaments or baubles. The same thing applies to so-called 'precious' stones, some of which are extremely difficult to obtain - even involving death in the attempt to get them. Beats me. Perhaps someone has a good explanation.
The price of Gold will not fall any time soon, with the unstability of the world currency markets. No matter how many new deposits are found there is only 1 way for the Gold price in the forseeable future up,up,up !