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Gold Facts

A precious chemical element

  • The chemical name of Gold is Aurum.
  • Gold got its name from Old English word 'Gelo' meaning yellow.
  • Its atomic number of 79.
  • One ounce of Gold can be drawn into a wire 50 miles long.
  • Gold resists attacks by individual acids and can only be dissolved by the aqua regia (nitro-hydrochloric acid).
  • Back in 4000 BC, gold is probably the first metal that prehistoric humans had processed.
  • Gold has been recycled ever since it was first discovered.
  • During the 7th century BC, gold wire was used to install false tooth by Italian dentist
  • Every major country abandoned the gold standard during the Great Depression period so as to print more money.
  • A total of 165,000 tonnes of gold have been mined in human history, as of 2009.
  • The Egyptians were the first people to use gold as jewelry.
  • The first real gold coins used as currency was in ancient Turkey.
  • 50% of gold produced is used in jewelry, 40% in investments, and 10% in industry.
  • United States ranks #1 in gold reserve. However, if included the gold ornaments, then India will grab the top spot.
  • South Africa is the leading producer of gold.
  • Greatest concentration of gold is in the ocean.
  • Gold is 19.3 times heavier than Water.
  • Pure gold is so soft and hence is combined with other things when making jewelry.
  • Gold can cause allergies on the skin.
  • In 1968, gold was made the official state mineral of Alaska.
  • King Croesus of Lydia created the first coins of pure Gold (540BC).
  • The first modern Gold Bullion coin was the South African Krugerrand (1967).
  • The heaviest Gold Bullion coin is the Australian Kangaroo (32.15 ounces).
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