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

Weaker gold heads for 3% weekly drop

Market Watch 17 Aug 2018

Gold futures prices dipped in Friday action, setting the contract on course for a nearly 3% weekly retreat as the metal languishes near a 1 ½-year low. Gold found little traction even as the leading dollar index also churned in the red.The dollar, up modestly for the week but surging more than 3% in just the last three months, remains the key driver for the precious metals....

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The world’s most wear-resistant alloy consists of platinum and gold

The Engineer 17 Aug 2018

Engineers at Sandia National Laboratories in Albuquerque, New Mexico have been studying this problem, and a new approach to the mechanics of frictional wear has led them to develop an alloy of platinum and gold which, they believe, is the world’s most wear-resistant metal as it is more durable than high-strength steel and in the same class as diamond and sapphire....

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Gold inches higher but remains set for biggest weekly fall in 15 months

Business Day 17 Aug 2018

Bengaluru — Gold prices edged higher on Friday as the dollar pulled further away from more than one-year highs, but the metal remained on track to post its biggest weekly decline since mid-2017 ... For the week, spot gold was down 2.9% and headed for a sixth consecutive weekly decline, as the metal dropped to a 19-month low of $1,159.96 in the previous session on some aggressive stop-loss selling....

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Gold nudges up, but set for biggest weekly fall in 15 months

Deccan Chronicle 17 Aug 2018

Gold prices edged higher on Friday as the dollar pulled further away from more than one-year highs, but the metal remained on track to post its biggest weekly decline since mid-2017 ... For the week, spot gold was down 2.9 per cent and headed for a sixth consecutive weekly decline, as the metal dropped to a 19-month low of $1,159.96 in the previous session on some aggressive stop-loss selling....

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Gold set for biggest weekly fall in more than a year

RTE 17 Aug 2018

Gold has recovered some ground today as a weakening US dollar relieves pressure on prices, but the metal remains near 19-month lows and looks set for its biggest weekly fall since May 2017. Gold has tumbled 14% from its April high as a rally in the US currency made dollar-priced bullion more expensive for buyers with other currencies ... Gold should bottom out here," she said....

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Gold heads for its worst week in more than a year

This is Money 17 Aug 2018

LONDON, Aug 17 (Reuters) - Gold recovered some ground on Friday as a weakening of the dollar relieved pressure on prices, but the metal remained near 19-month lows and looked set for its biggest weekly fall since May 2017. Gold has tumbled 14 percent from its April high as a rally in the greenback made dollar-priced bullion more expensive for buyers with other currencies ... Gold should bottom out here," she said....

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Gold inches up, but set for biggest weekly fall in 15 months

Yahoo Daily News 17 Aug 2018

BENGALURU (Reuters) - Gold prices edged higher in early trade on Friday as dollar held steady, but the metal remained on track to post its biggest weekly decline since May 2017 ... * Spot gold (XAU=) rose 0.3 percent at $1,177.38 an ounce, as of 0047 GMT. In the previous session, the metal hit a 19-month low at $1,159.96. * The metal was down 2.8 percent for the week and set to record a sixth consecutive weekly decline....

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Gold Prices Take a Beating But Still Present a Great Opportunity

Lombardi Letter 17 Aug 2018

Gold Prices Still Worth a Look Despite Declining 10% Year-to-Date At the time of this writing, gold was trading at around $1,175 an ounce. Year-to-date, gold prices have dropped close to 10%. If you are a gold bug, get ready to read headlines that call the yellow precious metal a pet rock or a useless ... ....

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Gold set for its worst week in more than a year

Business Day 17 Aug 2018

London — Gold recovered some ground on Friday as a weakening of the dollar relieved pressure on prices, but the metal remained near 19-month lows and looked set for its biggest weekly fall since May 2017 ... "I expect the dollar to peak in the coming weeks … Gold should bottom out here."....

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CMX Delays AGM and Considers Alternatives

Stockhouse 17 Aug 2018

Chilean Metals Inc ... Chilean Metals Inc is 100% owner of five properties comprising over 50,000 acres strategically located in the prolific IOCG (“Iron oxide-copper-gold”) belt of northern Chile ... Chilean Metals Inc is the 100% owner of five Copper Gold Cobalt exploration properties in Nova Scotia on the western flank of the Cobequid-Chedabucto Fault Zone (CCFZ); Fox River, Parrsboro, Lynn, Economy and Bass River North respectively....

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PEA results show La Fortuna as ‘robust base’ for production growth

Mining Weekly 17 Aug 2018

TSX-listed Minera Alamos on Thursday announced positive preliminary economic assessment (PEA) results for the La Fortuna gold project, in Durango, Mexico. The PEA estimates average contained metal production of around 43 000 oz/y of gold, 220 000 oz/y of silver and 1 000 t/y of copper over a five-year mine life ... ....

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HGAC Salvage Warehouse open this Saturday

Gettysburg Times 17 Aug 2018

There is a maple Jennie Lind bed and a 1930 metal bed with original decal on the ... From MacDuffer’s mini golf there are metal gold putters, picket gate and 2 table top display cases....

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Turkey's currency crisis

The Maryville Daily Times 17 Aug 2018

Indian rupee, South African rand, Indonesian rupiah)? Well, the answer primarily lies in the strength of the dollar and relatively less demand for gold. Traditionally, investors have viewed gold as a safe haven. Individual and institutional investors, especially from the emerging markets, have been investing in the yellow metal for uncertain times....

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