We value gold for many reasons: its beauty, its usefulness as jewelry, and its rarity. Gold is rare on Earth in part because it's also rare in the universe. Unlike elements like carbon or iron, it cannot be created within a star. Instead, it must be born in a more cataclysmic event -- like one that occurred last month known as a short gamma-ray burst (GRB). Observations of this GRB provide evidence that it resulted from the collision of two neutron stars -- the dead cores of stars that previously exploded as supernovae. Moreover, a unique glow that persisted for days at the GRB location potentially signifies the creation of substantial amounts of heavy elements -- including gold.

Then gold is indeed a rare and valuable substance. To read more, click here.