Gold has value because people think it has value. Its intrinsic value lies in its superior electrical conductivity and it is pretty. For the most part, it is ornamental. Gold goes up in value in inflationary periods, but people then trade their gold back for fiat currency, so the currency has as much value as gold. A dozen eggs is real, non-fiat currency. If you are starving, a dozen eggs is worth a mountain of gold.
If you have the means to cook the eggs.
If not you could crack the egg shell and swallow the raw egg.
With gold at $1200/oz. and eggs at $2/dozen, one ounce of gold will buy 600 dozen eggs.
So, an ounce of gold is worth a mountain of eggs. You have it precisely backward.