10 Facts about Gold.
Gold is a precious metal and it has a special place among metals.
Gold is number 79 on the periodic table and its symbol is Au.
Gold’s unique properties and versatility makes gold indispensable in the electronics and engineering industry.
Gold is a very valuable metal due to its precious nature, it is used as a store of value and as a medium of exchange. Gold’s natural scarcity and high production cost is the ultimate reason why it holds value.
It also plays an important role in world economics.
10 facts about gold.
- Gold has been discovered on every continent on planet earth.
- Gold is the densest and heaviest of all metals on the periodic table. One cubic foot of Gold weighs just over half a ton.
- The largest ever gold nugget was found at Moliagul, Australia in 1869. Called the “Welcome Stranger” it weighed 2316 troy ounces.
- The world’s largest consumer of gold is China, followed by India as a close second.
- Out of all metals, gold is the most non-reactive and does not rust or lose its unique shine.
- On average, the human body contains 0.2 mg of Gold.
- Gold is non-toxic. High purity gold is odourless and tasteless, which means you can technically eat small flakes of pure gold added to food or drink.
- The first gold coins appeared around 700-650 BC.
- Gold has a long history of retaining its value. Gold is used by many as a way of preserving wealth and passing on that wealth through generations.
- Gold can conduct heat and electricity, gold does not tarnish, making it crucial in many areas of electronics.
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