WHAT IS GOLD

Most gold used in jewelry is alloyed with silver, copper, and a little zinc to produce various shades of yellow gold or with nickel, copper, and zinc to produce white gold.

 Gold is a soft, dense, yellow metal.  Its chemical symbol is Au. Its atomic number is 79. As a precious metal, it has been used for many thousands of years by people all over the world, for jewelry, and as money.

 Scientists have long known that veins of gold are formed by mineral deposition from hot fluids flowing through cracks deep in Earth's crust. But a study published today in Nature Geoscience¹ has found that the process can occur almost instantaneously — possibly within a few tenths of a second.

Gold is primarily found as the pure, native metal. Sylvanite and calaverite are gold-bearing minerals. Gold is usually found embedded in quartz veins, or placer stream gravel. It is mined in South Africa, the USA (Nevada, Alaska), Russia, Australia and Canada

 Gold is metallic, with a yellow colour when in a mass, but when finely divided it may be black, ruby, or purple. It is the most malleable and ductile metal; 1 ounce (28 g) of gold can be beaten out to 300 square feet. It is a soft metal and is usually alloyed to give it more strength.

Characteristics: Gold is an excellent conductor of heat and electricity. It is a soft, yellow metal with a beautiful lustrous sheen. It is the most malleable and ductile of all the elements and a single gram can be beaten into a one square meter sheet of gold leaf.

 

Gold is most often found in quartz rock. When quartz is found in gold bearings areas, it is possible that gold will be found as well. Quartz may be found as small stones in river beds or in large seams in hillsides

G old minerals form in hot rocks in and around volcanoes. Low sulfur, gold-bearing hydrothermal fluids form when hot rocks heat ground water. An example of these low-sulfur fluids are hot springs like those at Yellowstone National Park. The ores of Round Mountain, Nevada, are typical low-sulfur deposits.

Uses   of  Gold.

• Dentistry and Medicine: Gold is considered as the best filling for cavities and crowns, bridges and other orthodontic appliances because the metal is ductile and can easily take shapes. 
• Electronics and Computers.
• Medals and Statues.
• Jewellery.
• Medicine use of gold
  

When is gold treatment used? Gold is used most often to treat rheumatoid arthritis. It is sometimes also used to treat juvenile rheumatoid arthritis and psoriatic arthritis. Gold appears to work best in the early stages of arthritis but it may be effective in anyone with active joint pain and swelling.

 Things That Are Gold

• Jewelry.
• Ring.
• Bracelet.
• Bangle.
• Earring.
• Pendant.
• Necklace.
• Choker.

Throughout history, gold has been seen as a special and valuable commodity. Today, owning gold can act as a hedge against inflation and deflation alike, as well as a good portfolio diversifier. As a global store of value, gold can also provide financial cover during geopolitical and macroeconomic uncertainty.

  Gold so important?

The metal is abundant enough to create coins but rare enough so that not everyone can produce them. Gold doesn't corrode, providing a sustainable store of value, and humans are physically and emotionally drawn to it. Societies and economies have placed value on gold, thus perpetuating its worth.

 

How do you know if is real gold?

If it sinks, it's likely real gold. If it floats, it definitely isn't real gold. Real gold will sink to the bottom because it's denser than water. Gold will also not rust, so if you see any signs of rust you know your piece isn't real gold, and there's no worry about damaging your item if it is indeed real gold.

 

Cons of Gold.

Gold is an unproductive asset. Unlike shares or bonds or deposits, money that you invest in it does not contribute to any kind of economic growth. A pile of gold will stay the same pile of gold no matter how much time passes.  The value of gold has always been driven by the fear that other asset classes will lose value.

 

 Gold so beautiful?

As a beauty aid there is nothing quite like gold – no matter what your skin shade is, how young or old you are, a little touch of gold somewhere close to the skin, always makes it look better.  They also believed it helped hydrate and maintain the skin's moisture levels in the dry desert air.

 Gold is expensive now-India contributes less than one percent to the global gold production. However, it is the second-largest consumer of the precious metal. It imports a lot of gold to meet the high demand. Therefore, import duty plays an essential role in the price of gold.

 

W ho controls the price of gold?

Government vaults and central banks comprise one important source of demand for the metal. Investment demand, especially from large ETFs, is another factor underlying the price of gold. Gold sometimes moves opposite to the U.S. dollar because the metal is dollar-denominated, making it a hedge against inflation.

 

 The Gold-Buying Process

Browse gold bar products on reputable retail websites such as APMEX, JM Bullion, and WholesaleCoinDirect. Select the gold bars you wish to buy by weight, quantity, and price. Online gold retailers typically give discounts to customers who buy larger quantities.

 

 

 

 

 

 

 THE  GOLD