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It’s a money grab.

Basically, the job of a cable is to carry electric current in either an analog or digital signal. If it’s digital, the quality of the cable only matters inasmuch as it can withstand your normal usage. A $30,000 cable will sound identical to a $3 one.

If it’s carrying an analog signal, the cost of the cable doesn’t matter so much as the gauge does. The thicker the cable is, the less electrical resistance it has, the more easily it can carry current. While those tend to cost more due to the sheer amount of copper used, fancy interconnects like gold or palladium don’t affect sound quality in an audible way.

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