Gold

Gold : 

Gold A symbol of purity, prosperity and good fortune. Presented By S. Manju

Topic Goes Like This : 

Topic Goes Like This A brief Introduction Characteristics Forms of gold As the metal Medium of monetary exchange As Jewelry As Medicine As Food and Drink In Industry India and Gold Summary

Introduction : 

Introduction

Gold : 

Gold Gold is a chemical element with the symbol Au (from its Latin name aurum) and atomic number 79. It is a highly sought-after (required) precious metal, having been used as money, as a store of value, in jewelry, in sculpture, and for ornamentation since the beginning of recorded history. The metal occurs as nuggets (chunk) or grains in rocks, underground "veins" (layer)and in alluvial deposits . (Alluvium ("to wash against") is soil or sediments deposited by a river or other running water. Alluvium is typically made up of a variety of materials, including fine particles of silt and clay and larger particles of sand and gravel.)

Gold Cond…. : 

Gold Cond…. Gold is dense (solid), soft, shiny and the most malleable (flexible) substance known. Pure gold has a bright yellow color traditionally considered attractive. It is one of the coinage (currency) metals and formed the basis for the gold standard used before the collapse of the Bretton Woods system (international economic system)in 1971. The ISO currency code of gold bullion is XAU. Modern industrial uses include dentistry and electronics, where gold has traditionally found use because of its good resistance to oxidative (a chemical reaction) corrosion (decay).

Characteristics : 

Characteristics

Characteristics : 

Characteristics Gold is the most malleable and ductile (elastic) of all metals; a single gram can be beaten (compressed)into a sheet of one square meter, or an ounce into 300 square feet. Gold is a good conductor of heat and electricity, and is not affected by air. Heat, moisture, oxygen, and most corrosive(acidic) agents have very little chemical effect on gold, making it well-suited for use in coins and jewelry; Is there the GOLD has taste ? High quality pure metallic gold is tasteless; Color of gold Mainly, Gold appears to be metallic yellow.

Forms of gold : 

Forms of gold

Forms of gold : 

Forms of gold As the metal Medium of monetary exchange In various countries, gold is used as a standard for monetary exchange, in coinage and in jewelry. Pure gold is too soft for ordinary use and is typically hardened by alloying with copper or other base metals. The gold content of gold alloys is measured in carats (k), pure gold being designated as 24k. Canadian Gold Maple Leaf (the official bullion gold coin of Canada and is produced by the Royal Canadian Mint) coin with the highest purity of any gold coin at a guaranteed 99.999%

Forms of gold : 

Forms of gold As the metal Medium of monetary exchange Australia's Gold Kangaroos (first appearing in 1986 as the Australian Gold Nugget) In 2006, the U.S. Mint began production of the American Buffalo gold bullion coin also at 99.99% purity. Many holders of gold coinage retain their gold in storage as a hedge(protect) against inflation (increase)or other economic disruptions (disturbance).

Forms of gold : 

Forms of gold Jewelry Because of the softness of pure (24k) gold, it is usually alloyed with base metals for use in jewelry, altering its hardness and ductility (able to be molded or shaped without breaking), melting point, color and other properties. Alloys with lower cartages, typically 22k, 18k, 14k or 10k, contain higher percentages of copper, or other base metals or silver or palladium in the alloy. Copper is the most commonly used base metal, yielding a redder color.

Forms of gold : 

Forms of gold Medicine In modern times inject able gold has been proven to help to reduce the pain and swelling of rheumatoid arthritis (a chronic disease of joints that causes stiffness, swelling) Dentistry. Gold alloys are used in restorative dentistry, especially in tooth restorations, such as crowns and permanent bridges.

Forms of gold : 

Forms of gold Food and Drink Gold can be used in food and has the E Number 175(number codes for food additives and are usually found on food labels throughout the European Union). Gold leaf, flake or dust is used on and in some gourmet foodstuffs, notably sweets and drinks as decorative ingredient. Goldwater is a traditional herbal liqueur produced in Poland, and Germany, and contains flakes (chip) of gold leaf. There are also some expensive (~$1000) cocktails which contain flakes of gold leaf.

Forms of gold : 

Forms of gold Industry Hallmarking (Hallmarks are a guarantee of certain purity or fineness of the metal as determined by formal metal (assay) testing.)Quality. Gold can be made into thread and used in embroidery. Kodak published formulas for several types of gold toners, which use gold as the chloride (Kodak, 2006). Gold is used as the reflective layer on some high-end CDs. Automobiles may use gold for heat insulation. McLaren uses gold foil in the engine compartment of its F1 model. And in one research we came to know that by decaying the 1000s of mobile phone’s chips we can get one ounce of gold.

India and Gold : 

India and Gold

India and Gold : 

India and Gold Gold has always been considered a sacred (holy) item in the Hindu way of life and is a must in every religious function. The explanation being that gold is pure having passed through fire in its process of evolution. Over centuries and millennia, gold has become an inseparable part of the Indian society and fused into the psyche of an Indian. Indians see the metal as a symbol of purity, prosperity and good fortune. Indian gold consumption was 630 metric tons in 2004. India is the world's largest gold importer and uses 99% of its total gold availability for Gold Jewelry making.

India and Gold : 

India and Gold "India's gold consumption was touch 700 tons in 2005”. Buying Gold Jewelry is considered auspicious in Akha Teej ( 'Akshaya Tritiya') . 70% of the population lives in rural India where agriculture is the main activity. 65-70% of the gold purchase is done in the rural areas, which is largely dependent on agriculture . A good year for agriculture assures higher demand for gold.

India and Gold : 

India and Gold The figures of the past few years show that Indian demand for gold has consistently been hovering around 25% of total world demand as the following table shows: As per June 2006 views India has officially been named the world's largest gold jewellery producer, consigning Italy to second place. China occupied the third spot in the league, producing 198 tonnes of gold jewellery, and Turkey took fourth place, producing 197 tonnes.

Summary : 

Summary

Summary : 

Summary Prices: The following is the chart for the gold price:

Summary : 

Summary Prices: The following is the chart for the gold price:

Summary : 

Summary Prices: The following is the chart for the gold price:

Summary : 

Summary Prices: TODAY’S PRICE

Elements : 

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