Doesn’t the appeal of gold as jewelry rely on it being expensive? I think if the... | Hacker News

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		pfannkuchen 10 months ago \| parent \| context \| favorite \| on: No Bitcoin ETFs at Vanguard (2024) Doesn’t the appeal of gold as jewelry rely on it being expensive? I think if the price cratered its use in jewelry would probably plummet.

viraptor 10 months ago [–]

It's the look. You also get resin / rock / clay / steel / ... (anything really) jewellery. It's not just about the price. And even then, a jewelry-sized gold piece is quite cheap.

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