why gold is expensive ?

From gold we can make ornaments ,it wont rust or spoil by its own like other metals . it's no longer tied to most world currencies, and with the economy being in such bad shape, there's a lot of perceived weakness in the world's fiat currencies (just a fancy name for money that has nothing backing it). So people are flocking to gold to hedge their bets against shaky currencies. Gold is perceived to be more valuable than fiat currency because of its past reputation as a store of wealth, plus there's only so much of it to go around, whereas governments can just turn on their printing presses and make more money. They couldn't do that when currencies were backed by gold, and every time they do it, currency becomes more and more devalued. Meanwhile, nobody's making more gold.It's rare, it's hard to extract from the ground, it doesn't tarnish, and it's been a symbol of wealth for centuries .It's getting expensive now because it's no longer tied to most world currencies, and with the economy being in such bad shape, there's a lot of perceived weakness in the world's fiat currencies . So people are flocking to gold to hedge their bets against shaky currencies. Gold is perceived to be more valuable than fiat currency because of its past reputation as a store of wealth, plus there's only so much of it to go around, whereas governments can just turn on their printing presses and make more money. They couldn't do that when currencies were backed by gold, and every time they do it, currency becomes more and more devalued. Meanwhile, nobody's making more gold.Therefore, as investor and consumer confidence in currency goes down, the value of gold goes up.