Why commodity money has value?

Commodity money has value because it is made from a material that has intrinsic worth, such as gold, silver, or other valuable resources. This intrinsic value is derived from the commodity's utility, scarcity, and demand, which gives it a tangible worth beyond its function as a medium of exchange. Additionally, historical acceptance and trust in the commodity for trade and value storage further enhance its worth. As a result, commodity money can facilitate transactions and serve as a reliable store of value.