Thursday, January 7, 2021

GOLD IS EXPENSIVE AND THERE IS A REASON - Gold has widespread use in coins and jewelry - also in dentistry, electronics and other fields. It has great ductility, resistance to the effects of most chemicals and corrosion and has a high electrical conductivity. It is usually alloyed with base metals for use in jewelry because of its softness and price. For investment purposes, many gold holders store it in the form of coins or gold bars (usually 24 or 22 carats) as a hedge against inflation or other economic shocks. Gold is a chemical element, with symbol Au. Chemically pure gold, under normal conditions, is dense, soft, shiny, malleable and ductile yellow solid metal. It is one of the less active chemical elements. For this reason, it is often found in the free elemental form, usually in the form of nuggets or grains, between rocks and “veins”. In addition to their widespread use in coins and jewelry, gold also has many other practical applications, in dentistry, electronics and other fields. The advantages of using it are that it has great ductility, resistance to the effects of most chemicals and corrosion and has a high electrical conductivity. All of this helps it to have a great economic value. It is usually alloyed with base metals for use in jewelry because of its softness and price. Its purity is measured with carats (24 carat is pure gold). Lower carat alloys, typically 22k, 18k, 14k or 10k, contain higher levels of copper or other base metals or silver or palladium in the alloy.

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Gold Is Expensive And There Is A Reason

24 carat is pure gold

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Gold has widespread use in coins and jewelry - also in dentistry, electronics and other fields. It has great ductility, resistance to the effects of most chemicals and corrosion and has a high electrical conductivity. All of this helps it to have a great economic value. It is usually alloyed with base metals for use in jewelry because of its softness and price. For investment purposes, many gold holders store it in the form of coins or gold bars (usually 24 or 22 carats) as a hedge against inflation or other economic shocks.

factsinbrief.com

 

Gold is a chemical element, with symbol Au.

Chemically pure gold, under normal conditions, is dense, soft, shiny, malleable and ductile yellow solid metal.

It is one of the less active chemical elements.

For this reason, it is often found in the free elemental form, usually in the form of nuggets or grains, between rocks and “veins”.

In addition to their widespread use in coins and jewelry, gold also has many other practical applications, in dentistry, electronics and other fields.

The advantages of using it are that it has great ductility, resistance to the effects of most chemicals and corrosion and has a high electrical conductivity.

All of this helps it to have a great economic value.

It is usually alloyed with base metals for use in jewelry because of its softness and price.

Its purity is measured with carats (24 carat is pure gold).

Lower carat alloys, typically 22k, 18k, 14k or 10k, contain higher levels of copper or other base metals or silver or palladium in the alloy.

For investment purposes, many gold holders store it in the form of coins or gold bars (usually 24 or 22 carats) as a hedge against inflation or other economic shocks.

Our website www.factsinbrief.com was launched in June 2017 and its purpose is to provide people visiting it with very interesting general knowledge information.

Here, you can find very interesting and comprehensive information on various topics. All the articles presented are a result of a thorough research to be able to provide information and knowledge as accurately as possible.

The goal is not the reproduction of mass information as it has been seen in recent years from various websites, but the valid acquisition of general knowledge through relatively short articles.

https://www.factsinbrief.com/en/2017/07/14/gold-expensive-reason/


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