Get to Know Gold in Detail PDF Print E-mail
Written by Samantha Richards   
Thursday, 07 April 2011 22:56
Gold is one of the treasured metals in the world and it gained fame due to its shine and yellow color. The word gold is actually a derivation from Anglo-Saxon word "Gelo" which means yellow, in chemistry it has been assigned a symbol Au which derived from the Latin word "Aurum" which means shining dawn. More interesting facts about gold are mentioned below:
by SamanthaRichards


Gold is one of the treasured metals in the world and it gained fame due to its shine and yellow color. The word gold is actually a derivation from Anglo-Saxon word "Gelo" which means yellow, in chemistry it has been assigned a symbol Au which derived from the Latin word "Aurum" which means shining dawn. More interesting facts about gold are mentioned below:

In world there are only two metals that do not have white color, one of them is gold and the other is copper. Gold is found on the plane of the earth in the form of metallic nuggets or grains. Ocean is the largest source of naturally occurring gold; but the process of taking out gold from the ocean is not commercially feasible therefore it's not a workable option.

If you are talking about noble metals then gold comes top of the list, it is because the pure type of gold never get rusted, corrode or get tarnished and it cannot be disintegrated in any kind of acid. Basic gold is very soft and even posses the quality of bendiness. The astonishing thins is that one ounce of gold can be formed into a thin semi permanent sheet of gold of one meter.

Most of the gold in the world is consumed in the making of gold jewelry; as a matter of fact 50 percent of the gold is consumed in jewelry making. Almost 40 percent of gold is used for venture purposes and then the residual 10 percent is used for industrial purposes.

In the world the largest amount of mined gold comes from South Africa and India uses the largest amount of gold, as a matter of fact 25 percent of the world's gold is purchased by Indians to make beautiful jewelry. Carat is the unit that is used to calculate the pureness of gold, one carat is equal to 200 milligrams. In the world the purest form of gold comes in 24 Carats.

Since we know that gold is a soft metal and can be shaped into any form, this is why gold is mostly mixed with other metals such as silver and copper to give it a hard appearance. There are plenty of other uses of gold than only jewelry making. As gold is a good conductor of electricity and it is malleable, it is broadly used in the manufacture of electronic products and equipments such as computers, mobile phones and telephones.

Gold shines and it has amazing reflective power which makes it the top choice to be used in satellites and spacecrafts to defend it from the damaging effects of solar radiation. Gold is also used in some particular models of cars for heat dispersion. It is also widely used in the field of dentistry as dental filling for patients. There is still some research going on to find out the other medical uses of gold. No toxic effects are encountered by human by using gold; however some people do get skin allergies upon wearing gold items.

DISCLAIMER: This article is provided as information only and is not to be taken as financial advice.