No. Their value (at least back in the day), was not intrinsic and instead a market fabrication by those pushing those products in some societies.

You might be interested in some threads from the FAQ section on "Why was gold always considered so valuable?":

• Did unconnected societies like the Spanish, Inca, Aztecs, etc. all independently mine and value gold? - 16 comments, over 1 year old.
• The commenters discuss the value of gold and other previous metals in various Meso-American cultures.
• Why have gold, diamonds, etc. always been considered valuable throughout history? - 18 comments, over 2 years old.
• A commenter in this thread discusses the properties of gold and other precious metals and gems which made them highly prized in cultures throughout the world across history.
• Why were gold and silver used as currency in so many civilizations throughout history? - 20 comments, over 2 years old.
• This focuses on the precious metals as a currency and also discusses some commodity currencies in use in Meso-American cultures for comparison.
• How did gold and silver become a 'valuable' metal, and used as a monetary system? - 14 comments, over 1 year old.
• One commenter in this thread compares the mechanics and effectiveness of a barter economic to a moneyed one, and another user recommends a book source on the matter.