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

ASA Gold And Precious Metals: All You Need For A Diversified Precious Metals Portfolio

Seeking Alpha 18 Jul 2018

ASA Gold & Precious Metals Limited (NYSE.ASA) is a non-diversified closed end fund, listed on the New York Stock Exchange. Founded in 1958, ASA invests primarily in companies involved in the exploration, mining or processing of precious metals and minerals ... Over the years they have invested in diamond, platinum, silver and gold mines as well as maintained outright positions in the actual metals....

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Group Ten Metals Completes Earn-Ins at Black Lake-Drayton Project in Ontario and Expands Land Position

Stockhouse 18 Jul 2018

Recent results and work currently underway on the adjoining Goldlund and Goliath projects held by First Mining Gold and Treasury Metals, respectively, continues to bring new interest to the area, building on New Gold’s Rainy River project which first attracted attention to the district in the 1990s ... This highly active gold belt is host to a number ......

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Dubai police confiscate fake toothpaste, shampoo worth Dh8m

Khaleej Times 18 Jul 2018

He was referred to the public prosecution for the proper legal proceedings.�� 150kg counterfeit gold ... gold on him ... The man claimed that he was selling it because it was smuggled, but after examining the bullion, it was clear they were only pieces of metal-plated gold.�....

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Gold hits year low

Dawn 18 Jul 2018

Gold hit its lowest in a year on Tuesday as the dollar steadied and most other markets were subdued before Federal Reserve Chair Jerome Powell testifies to the US Congress ... A strong dollar tends to weigh on gold by making the dollar-priced metal costlier for non-US investors. Spot gold was down 0.7 per ... The precious metal is down some 5pc for the year....

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Dh8 million worth of fake toiletries seized in Dubai raid

The National 18 Jul 2018

Police also arrested a second man who entered the UAE on a visit visa in a bid to sell Dh300,000 worth of counterfeit gold. “The suspect, from an Asian country, was planning to sell the gold ... “The suspect sprayed metal portions with gold. The metal portions were covered with a light layer of gold.”....

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Nearly Dh8 million worth of products seized in counterfeit goods raid in Dubai

The National 18 Jul 2018

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Gold hits 5-month low, loses another ₹250 on global cues

The Hindu 18 Jul 2018

Traders said sentiment was downbeat as gold prices slipped to their lowest in a year in global markets, as the dollar firmed after Federal Reserve Chairman Jerome Powell’s US economic outlook reinforced views that the central bank ......

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Gold hits 5-month low

DNA India 18 Jul 2018

Traders said sentiment was downbeat as gold prices slipped to their lowest in a year in global markets, as the dollar firmed after Federal Reserve Chairman Jerome Powell's US economic outlook reinforced views that the central bank is on track to steadily hike interest rates, eroding appeal of the precious metal....

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Base 'Mettle' Needed

Stockhouse 18 Jul 2018

Precious metals expert Michael Ballanger discusses movements in the base metals sector, as well as in precious metals ... Now as upset as I was at losing the volcano globe, I could not have been nearly as upset as the zinc zealots and copper cowboys that are now bleeding from the eye sockets from their unwavering and unconscionable worship of the "base metals trade" all based on inflationary expectations and global growth....

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Why CONFIDENCE is the Backbone of the New Monetary System

Armstrong Economics 18 Jul 2018

Am I correct in summing it up that today because currencies are not commodity based, they rise and fall on anticipation of political events whereas under precious metals contagions took place by one country debasing compared to another? ... The Latin Monetary Union was an attempt to create a gold standard whereby member nations issued a standard coin of equal weight and metal content as to allow them to be interchangeable....

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Jinbi Allows a New Type of Asset Protection

Coin Idol 18 Jul 2018

History has long told a story of paper money decreasing in value, while gold has increased in its worth ... This comes from the days when gold coins would be traded and people would frequently shave filings off of the coin, until it was not worth its original value. This observation also came about from the fact that the value of precious metals used to make coins, would overtake the face value of the coin....

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Gold hits 1-year low as dollar firms on US Fed rate outlook

Khaleej Times 18 Jul 2018

Gold prices slipped to their lowest in a year on Wednesday, as the dollar firmed after Federal Reserve chairman Jerome Powell's US economic outlook reinforced views that the central bank is on track to steadily hike interest rates. Spot gold was down 0.2 per cent at $1,224.16 an ounce. Earlier in the session, the yellow metal hit its weakest since mid-July 2017 at $1,221.74 an ounce....

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