Gold

Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

Gold's atomic number of 79 makes it one of the higher atomic number elements that occur naturally in the universe. It is thought to have been produced in supernova nucleosynthesis from the collision of two neutron stars and to have been present in the dust from which the Solar System formed. Because the Earth was molten when it was just formed, almost all of the gold present in the early Earth probably sank into the planetary core. Therefore, most of the gold that is present today in the Earth's crust and mantle is thought to have been delivered to Earth later, by asteroid impacts during the late heavy bombardment, about 4 billion years ago.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Gold

Latest News for: Gold metal

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Scientists Find Gold-Loving Fungus In Australia

Voa News 27 May 2019

It is then able to mix this dissolved metal with another chemical to turn it back into solid gold, in the form of tiny nanoparticles. So why does this gold-loving fungus have an attraction to this precious metal? The research team believes by interacting with gold in this way it can grow faster and bigger relative to other fungi that do not....

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Gold hits 1-week high on simmering US-China trade spat

Business Line 27 May 2019

Spot gold edged 0.1 per cent higher to $1,286.21 per ounce as of 0714 GMT ... “The rise of volatility triggered by geopolitics benefited the yellow metal and if the UK political game of thrones and US-China trade keep uncertainty levels high, gold could once again jump above $1,300,” Alfonso Esparza, senior market analyst at OANDA, said in a note....

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Gold prices up on global cues, spot demand

Moneycontrol 27 May 2019

On the Multi Commodity Exchange, gold for delivery in June contracts was trading higher by Rs 97, or 0.31 percent, to Rs 31,627 per 10 gram, in a business turnover of 5,569 lots ... A weaker rupee also strengthened the gold prices....

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Gold rises to 1-week high as U.S.-China trade worries persist

This is Money 27 May 2019

May 27 (Reuters) - Gold hit a more than one-week peak on Monday as trade tensions between the United States and China lifted appetite for assets seen as a haven from risk, while weak U.S ... Spot gold inched up 0.1% to $1,285.60 per ounce by 0940 GMT. The metal touched $1,287.32 earlier in the session, its highest since May 17....

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DRI busts gold export scam, 2 held

The Times of India 27 May 2019

The DRI has busted a major racket in gold export involving an Ahmedabad-based businessman who, in connivance with a government-approved valuer, exported inferior quality metal jewellery by declaring it as gold to various foreign countries, resulting in huge losses to the exchequer in terms of remittances....

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India’s platinum imports to rise as prices fall

The Times of India 27 May 2019

Platinum imports into India are set to rise this year as its prices have declined steeply relative to gold, fuelling an increase in demand for the precious metal globally used for encasing diamond jewellery ... The rarity of the metal and availability of internationally inspired designs have influenced purchasing decisions for both women and men....

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Gold edges up to US$1,286

Hong Kong Standard 27 May 2019

The price of gold touched a more ... Spot gold edged up by 0.1 percent at US$1,286.21 per ounce....

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How Should Investors Position Themselves After A Potential 2yr/10yr Inversion?

Seeking Alpha 27 May 2019

Returns collated using data from Yahoo Finance and World Gold Council ... Gold ... 0.05) compared to gold ... Based on the statistical findings from this research, investors should not naively shift towards the safe-haven gold following such an inversion, as the S&P 500 could certainly still outperform the precious metal....

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Gold Rate Today: Gold prices jump on spot demand

The Economic Times 27 May 2019

A weak rupee makes the import of gold costlier and pushes the price of the precious metal higher ... ....

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Lonmin’s low valuation may scupper deal

Independent online (SA) 27 May 2019

... metal group prices had helped Lonmin’s value increase by 45 percent more than the offer ... The PIC is a 30 percent shareholder in Lonmin and also holds a 10.3 percent stake in diversified precious metal producer Sibanye-Stillwater, which is involved in gold and platinum production....

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Stolen letter reveals the sticky business of fine art

Tyler Morning Telegraph 27 May 2019

Another consignor brought in an inkwell from Appomattox that was the gold standard for authenticity ... A few years ago, an American metal dealer said he bought a small gold egg at a flea market in the Midwest for $13,302, thinking he could turn a small profit for the precious metal and gems....

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The Girl with 'Bright Thighs'

Yahoo Daily News 27 May 2019

In this perception, Sanskrit is the hoary repository of all that was backward, irrational and repressive in ancient Indian society ... For there is not only volatile chemistry between the lovers in these verses but a kind of alchemy going on " the keemiyagiri or the medieval semi-magical process by which base metals were purified and turned into gold....

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Will proposed reforms in gold trade make buying of the yellow metal difficult?

International Business Times 26 May 2019

... investment in the precious metal ... Banks and financial intermediaries will have to open gold metal accounts for implementing this reform, the report says ... On the other hand, gold metal accounts will allow investors who buy gold digitally to ask the seller to transfer it in the GMS....