What is gold? Gold is one of the many different chemical elements. It is a valuable precious metal that many seek. It is commonly used in things like coinage.
Gold is found in rocks. It is usually found in the form of a nugget or grain. Some of the time you can find gold in the veins of rocks. These veins are spaces inside the rock that contain crystals.
Gold has distinct characteristics that make it what it is. It is soft, shapable, shiny, and dense. Because it is soft, gold is one of the most malleable metals known to man. This means it can be hammered down into thin sheets and used in a whole bunch of different ways.
What is pure gold? Pure gold is just that. Gold. No additives or preservatives. It has a bright yellow luster and is considered very attractive. The best part about pure gold is its ability to keep its shine. It doesn’t oxidize in air or water.
Pure gold is too soft for most things. In order for it to be manageable and useful you need to add metals to it. Copper is a popular metal that is mixed with gold to make it harder. But because of pure gold being mixed with other metals a measurement called the carat (k) was to created to know exactly how much of the substance was pure gold. This helped determine the mixtures value.
Gold has been mined for many years. In 2006 a study was done to see just how much gold had been pulled out of the earth. The results were staggering. Aproximately 158,000 tons of gold were pulled out of the earth by the end of 2006. That is a lot of gold.
Gold has excellent qualities. Due to this excellence it is used in many modern industrial things. Dentist use gold for its ability to avoid corrosion and resist oxidation. Gold is also a great conductor of electricity and is used in modern electronics.
Today we use paper money, but that was not always the case. In the past gold was used for money. The reason that stopped is because there is only so much gold in the world. With paper money you can print as much as you want without fear of hitting a limit. Switzerland in 1999 was the last country to switch from gold to paper money.
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