What is Gold?

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What is Gold?

Gold is a rare metallic element that is found in natural settings, mostly in veins of quartz and in certain other alluvial deposits.

It can be found in a free state or in combination with other metals.

Gold - a symbol ofwealth and power

Gold, as a precious metal, has been valued and held in high regard since ancient times and is still one of the most highly prized metals that has throughout the ages, been used to symbolise wealth and power. Some speculate that gold is probably the earliest known metal because it has been found in tombs and among artefacts dating back to the earliest known civilizations.

Malleable

Easily shaped, carved, melted, chiselled or hammered, gold is one of the softest, densest, metals that exist. Because it is so soft, it is often alloyed with other metals or minerals including silver and platinum to make it stronger and more durable. Gold is naturally bright yellow in colour.

A golden nugget is often only 70 to 90 percent gold with the rest mainly silver giving it a whiter colour. Therefore, the whiteness of gold can be an indication of the amount of silver or platinum it is combined with.

Gold is the most common metal used by jewellers and other artisans due to the fact it is not affected by moisture, normal heat, air, or everyday wear and tear. The uniqueness of this metal is also reflected in the properties that it will not tarnish, discolour, break down or be affected by solvents.

Where is gold mined?

Gold is a rare metal, found in small quantities all around the world, with a collection of countries holding gold in larger quantities; this includes Mexico, South Africa, Australia, Hungary, Ontario, California and Colorado.