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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Gold Is Booming — and That Means Bitcoin Could Soon Break $10,000

XBT.MONEY 10 Jul 2020

While markets like Bitcoin and the S&P 500 have flatlined over recent weeks, gold has rocketed higher ... the metal, the first-born crypto should continue to advance for reasons similar to gold, fueled by unprecedented global central-bank easing. Our graphic shows the Bitcoin-to-gold beta near 2x and the metal advancing toward an eight-year high.”....

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List Of Gold ETFs On NSE To Invest Directly In Gold From Home

Yahoo Daily News 10 Jul 2020

According to a Bloomberg report citing forecasts by precious metals consultancy Metals Focus Ltd, China's gold consumption in 2020 is expected to fall 23 percent and India's demand by 36 percent ... metal and are expecting spot gold to touch $2,000, its new all-time high, this year....

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Gold prices today flat amid mixed cues; silver rises

The Times of India 10 Jul 2020

Gold futures were down 0.01 per cent or Rs 3 at Rs 48,875 per 10 grams ... Gold prices rose by Rs 232 to Rs 50,184 per 10 gram in the national capital on Thursday, in line with gains in international price of the precious metal, according to HDFC Securities ... Gold Rates - Spot & Futures (.995 purity) ... Gold Future Price....

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Supply issues supporting metal prices: Paul Bartholomew

The Times of India 10 Jul 2020

The senior managing editor at S&P Global Platts says Calendar Q3 outlook for most metals looks very upbeat. Commodities have been the best performing asset class in this rally -- be it gold, be it crude or for that matter base metals of late. An asset like gold rallies because of the uncertainty, which is understandable....

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£5k to invest in an ISA? I’d forget gold and buy cheap FTSE 100 stocks ...

The Motley Fool 10 Jul 2020

Gold’s recent price rise may make it seem more attractive to investors who would otherwise buy a selection of FTSE 100 shares in an ISA ... Therefore, investors buying gold today may fail to experience the same pace of growth that has seen the precious metal rise to multi-year highs in 2020....

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Gold prices touch peak of Rs 50,900, fall again

The Times of India 10 Jul 2020

Continuing its rally, gold ... Moreover, with stock markets across the world are extremely volatile and therefore, high networth individuals and big investors are heavily investing in gold, as a safe-haven investment as a result of which, yellow metal prices showed a rise,” he added....

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Gold Slip Marginally After Nearing Record High; Expect Rs. 55000 Price By 2020 End

Yahoo Daily News 10 Jul 2020

On Friday (July 10, 2020), gold prices in early trade lost a tad bit by 0.01% or Rs ... What Should You Do Amid Rising Gold Prices? ... But now given the fortunes that the yellow metal can provide given the positive momentum, investors can consider investment into gold (up to 10% or even higher allocation) as and when there is some considerable correction....

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Gold prices today fall for second day but silver rates edge higher

Live Mint 10 Jul 2020

Gold prices in India declined slightly today amid muted global rates. On MCX, gold prices edged 0.01% lower to ₹48,872 per 10 gram after falling 0.6% in the previous session. Gold has struggled to extend gains after hitting record high of ₹49,348 earlier this week ... In global markets, gold prices remained flat but held above the key $1,800 level....

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Commodity outlook: Crude oil falls; here's how others may fare

The Times of India 10 Jul 2020

Bullion and base metals gained while energy counters slipped on Friday amid rise in worries over climbing Covid cases that threatens a recovery in economic conditions ... Silver and gold gained up to 0.3 per cent. Base metals like zinc, lead and nickel added up to 0.5 per cent while copper fell 0.17 per cent ... Base metals....

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Gold set for 5th weekly gain as pandemic rages

The Times of India 10 Jul 2020

Gold was set for a fifth straight weekly gain as the COVID-19 pandemic showed no signs of abating, keeping the safe-haven metal above the key $1,800 level on Friday ... Spot gold was little changed at $1,801.69 by 0041 GMT, up more than 1.5% for the week ... gold futures rose 0.2% to $1,806.90 per ounce....

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Gold set for fifth weekly gain as virus fears support safe havens

Canada Dot Com 10 Jul 2020

Gold rose on Friday and held above the key $1,800 level en route to a fifth straight weekly gain as surging U.S ... Spot gold prices rose 0.2% to $1,805.84 per ounce by 0951 GMT, and were up about 1.8% for the week, having soared to their highest since October 2011 at $1,817.71 on Wednesday ... gold futures rose 0.5% to $1,812.10 per ounce....

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Gold poised for 5th straight weekly rise on virus fears

Canada Dot Com 10 Jul 2020

Gold was set for a fifth straight weekly gain on Friday as worries over a spike in U.S. coronavirus cases kept the safe-haven metal near the technical $1,800-per-ounce threshold. Spot gold was little changed at $1,801.47 per ounce by 0249 GMT, up nearly 1.5% for the week ... gold futures rose 0.2% to $1,806.80....

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PRECIOUS-Gold set for 5th weekly gain as pandemic rages

Reuters 10 Jul 2020

Gold was set for a fifth straight weekly gain as the COVID-19 pandemic showed no signs of abating, keeping the safe-haven metal above the key $1,800 level on Friday. FUNDAMENTALS * Spot gold was little changed at $1,801.69 by 0041 GMT, up more than 1.5% for the week ... gold futures rose 0.2% to $1,806.90 per ounce....