system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why doesn't the value of Gold decrease as more is mined in the same way that the value of money decreases when more is printed?
gpt
It's the rate at which it's mined compared to the rate at which people desire to own it. Population is growing and becoming more wealthy. That means more people want gold (for many different reasons, but the "why" doens't matter here).

If we mine X kilos of gold per year, but the demand for gold increases more than X kilos... the price will rise as people price out how much they desire that gold.