Why do we say old is gold?

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Gold is precious, and old things are often valuable. It also meansthat old things or customs have stood the test of time so theyshould be reliable.
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How do you say gold in Russian?

Cyrillic: з о лото - noun; золот о й, золот а я, золот о е, золот ы е - a

Why do people say old is gold?

"Old is gold" is a proverb that reminds us that old things are valuable, or that old items MAY be very valuable. As opposed to always choosing he newest fad. "Old is gold"