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Gold

Some Facts and Figures About Gold



The chemical symbol for gold is Au.


Gold is the oldest metal known to man and is 19.3 times heavier than water of the same volume.


Gold is associated with the gods, with beauty, power and with wealth in many cultures around the world.


100% pure gold is very soft and is know as 24 carat (ct) gold in carat system of measurement. 24 ct gold is generally considered too soft for use in normal personal jewelery.


18 ct gold is 75% pure and it is considered a perfect choice for high quality jewelery that is to be worn, loved and admired.


14 ct gold is 58.5% pure. It is cheaper and harder than 18 ct gold and is widely sold in the US jewelery trade.


Gold has a universal appeal to humans, Psychoanalyst Dr Sigmund Freud even suggested that gold was related to erotic fantasies.


Gold is the worlds most malleable substance and gold is the worlds most ductile metal. This means that it can be beaten into extremely thin gold leaf and transformed into a very long fine gold wire.


Gold has a relatively low melting point of 1064.43C making it easy to cast into gold ingots or moulds of complex shapes in fine jewelery manufacture.


Contemporary Governments have made gold an economic monetary standard for their currencies. Countries have valued their currencies against the price if gold, thus allowing the worlds economies to expand and prosper.


As well as enjoying gold for its beauty and treasuring it as a symbol of marriage, owning gold can also be a worthwhile financial asset. Many serious investors and very wealthy people hold a percentage of their assets in gold.


 
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