Gold, with the symbol Au and the Latin name aurum, has been prized in jewelry and treasured objects for thousands of years. It is a metal of color and shine. In fact, all the gold that has ever been refined could melt down into a cube 70 feet on each side.
If you are a gold investor that is looking to get more information on this precious metal, this article is for you!
Luxurious Facts about Gold You May Want to Know About
1 – It Was Probably the First Metal Used by Humans
Gold appears to have been the first metal used by humans. Gold artifacts dating to between 6000 and 4700 B.C. have been discovered in ancient Egypt. In fact, the word “gold” is thought to come from the Sumerian word “gu-lu” or “khan.”
2 – It Has Been Worn for Thousands of Years
Gold jewelry was worn by ancient Egyptians more than 5,000 years ago. Gold has been popular in jewelry ever since, and it remains one of the most popular materials for making wedding rings, necklaces, and other jewelry.
3 – The Gold in the Universe May Have Come from Colliding Stars
Scientists think that most of the gold in the universe was created by the collision of two neutron stars. Neutron stars are the dense remains of stars that have collapsed. Scientists used radio telescopes to detect the light emitted when a pair of giant stars collided in a galaxy some 130 million light-years away. The collision sent energy out in the form of gravitational waves. A fraction of that energy was converted into pure gold. The scientists believe that the gold they detected was created in the collision.
4 – Gold Is an Excellent Conductor of Electricity
Gold is an excellent conductor of electricity. Almost all the gold mined around the world is used to make gold alloys. These alloys are used in a variety of electrical and electronic devices, including cell phones and computers.
5 – Gold Is Uniquely Strong
Like steel and aluminum, gold is a metal. It is also one of the only metals that can be drawn so thin that it is see-through. Gold is the best material for use in jewelry because it is resilient, malleable, and does not tarnish.
6 – Most Gold Coins Don’t Contain Much Gold
Most gold coins don’t contain much gold. For example, the gold coins minted by the U.S. government during the 1850s only contained 1/20th ounce of gold. The rest of the weight was made up of a base metal like copper. These coins were made to appeal to collectors, who were more interested in owning gold coins than in the value of their gold content.
Gold continues to be highly valued around the world as both a precious metal and investment. Not only is it one of the precious metals, but it is also an investment that is widely considered secure. With gold, not only can you invest, but you can also enjoy it in the form of jewelry.
If you are interested in knowing more about gold exploration, visit Janet Sheriff’s website. An innovative entrepreneur, Janet brings her extensive experience in all aspects of strategic planning, management, indigenous affairs, and communications to start-ups, new ventures, and the mining and exploration sectors.