What is GOLD ?

Gold Bullion

Gold is recognized all over the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 650 B.C., and the first pure gold coins were struck during the reign of King Croesus of Lydia about 100 years later.

Throughout the centuries, people have continued to hold gold for various reasons. Societies, and now economies, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms of currency don’t work, which means it always has some value as insurance against tough times. 

Gold was one of the first metals discovered. It is a good conductor of electricity and the density of gold is higher than that of silver or copper. Gold’s color ranges from yellow to red but when it oxidizes it turns into a dark color. It can be found in three different places: veins such as placer deposits, lodes, and nuggets.

Gold is a type of yellow metal that has been used since ancient times. It was also one of the earliest metals to be traded and used for currency. Gold is not only valuable due to its rarity, but it is also a good conductor of electricity and heat, making it a desirable material in many products such as jewelry, electronics, and cell phones. It is also an investment that may increase its value over time. A lot of people will buy gold when there is uncertainty in the economy. 

 

time is money coins and clock macro concet

"Gold is used to store value because it has less correlation with the performance of other forms of currency"

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