Offer your thoughts or opinion on the input financial query or topic using your financial background.

How do you measure the value of gold?
You acquire something because you expect to use it, or because you expect to exchange it for something that you want to use. Gold is a good candidate for storing value because it's rare, it's not easily counterfeited, it's divisible, it's portable, etc.  Contrast this with your favorite currency:  more can be printed up almost at will, etc. Overvaluedness/undervaluedness is only in reference to something else.  How many dollars does it take to buy an ounce of gold?  (About $1,500.)  How many ounces does it take to equal the DJIA?  (About 8.)  How many ounces of silver does it take to buy an ounce of gold?  How many barrels of oil can you buy with an ounce of gold?  Etc., etc. But whatever measure you're using, the value of the gold you have is directly related to the mass of gold you own.  Two ounces are twice as valuable as one ounce. As the old joke goes (no offense to taxi drivers intended!) when your cabbie starts talking about how to get rich with gold, it's probably overvalued.  Sell it all! ;)