Why is gold so valuable? From a historical perspective:
• One dinar gold coin (4.25 grams of gold) was sufficient to buy a goat 1400 years ago, during the time of Prophet Muhammad (PBUH). Even today, the same exchange can relatively be achieved between one dinar coin and a goat. The purchasing power of gold was retained for over 1400 years!
• When his name was black-listed for his involvement in ‘The Free Aceh Movement,’ he had no choice but to flee to Malaysia. His only source of funds was the jewelleries (about 20 grams) that his mother had given before the trip. He was able to restart his new life with the said source of funds.
• During the Vietnamese War with the United States of America, the locals had to leave their hometowns. They had to convert their assets into gold, known as Kim Thant. They appear in flat sheets, which are easily kept between their clothes. These gold sheets were their ‘money’ to start their life in foreign lands.