Gold and silver have been used as a means of trade for thousands of years for several reasons.
Gold and silver are scarce and difficult to obtain, which make them valuable and highly sought after. This scarcity meant that gold and silver could be easily stored and transported and were not subject to the fluctuations. While fluctuations of other commodities that could spoil or lose value over time.
Gold and silver are malleable and easily divisible, which made them ideal for use as currency. Gold and silver could be shaped into coins or bars of standardized weight and purity, making them easy to trade and to compare the value of one unit to another.
Gold and silver do not corrode over time, which means that they maintain their value and purity over time. This made them a reliable store of value, and made them more attractive as a means of exchange than other goods that might lose value or become unusable over time.
Another reason why gold and silver are accepted everywhere is their uniformity. Unlike many other commodities, gold and silver have a standardized purity and weight, which makes them easily recognizable and tradable.
Another reason traders have preferred gold and silver is because they are difficult to counterfeit. Unlike paper currency or digital currencies, gold and silver cannot be created out of thin air, and it is difficult to produce convincing imitations of them. This makes them a more reliable store of value over the long term.
Finally, gold and silver have been used as a means of trade for thousands of years because they are universally recognized and accepted. Because of their value, rarity, and usefulness, gold and silver have been recognized as valuable commodities by cultures all over the world, making them a natural choice for use as currency and as a means of exchange. Gold and silver have a long history as forms of money, and they are widely accepted and trusted around the world. This gives them a certain level of stability and reliability that other forms of currency may lack. All of these factors have contributed to gold and silver being preferred by traders and investors throughout history.