Way before the American Dollar, the British Pound, or the Indian Rupee came on the scene there was another measure of wealth. Gold has been valued as a currency practically since it was found. It is still used today to denote one’s wealth. Rare and very heavy, it’s been used as a status symbol for kings and merchants alike. This is our guide into the world of gold, and we hope you enjoy this journey into the world of this precious metal.
As one of the world’s most precious and valuable metals, gold sets itself apart from all the rest. It is so soft and malleable that a mere ounce of this metal can be stretched into a long wire that stretches 5 miles in length. If you like, you can pound this same ounce so thin that it will produce a sheet that can cover over 100 square feet. It will not corrode or rust, so it can last indefinitely.
Gold is all around us. It can be found in our rivers and seas, in the earth’s crust beneath our feet and in our plants as well. It is very expensive and difficult to extract, and this is why it is so pricey. It takes about 2.5 to 3 tons of gold ore to produce a mere ounce of pure gold…what a percentage!
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