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 prices today slip over 0.50% in early trade, may test Rs 45,900

The Times of India 05 Jun 2020

Gold futures were trading lower in early trade on Friday, ahead of a highly awaited US jobs report as markets pinned hopes on economic recovery. The yellow metal was down 0.66 per cent at Rs 46,390 per 10 gram in the morning trade ... Gold Rates - Spot & Futures (.995 purity) ... Gold Future Price....

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Gold fades for third straight week on economic recovery hopes

Moneycontrol 05 Jun 2020

Spot gold was down 0.2% at $1,706.91 per ounce as of 0324 GMT ... gold futures slid 0.7% to $1,714.50 ... Gold eased ahead of a highly awaited U.S. jobs report on Friday as markets pinned hopes on an economic recovery, putting the safe-haven metal on track for a third consecutive weekly decline. Spot gold was down 0.2% at $1,706.91 per ounce as of 0324 GMT....

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Gold heads for 3rd week of losses amid signs of recovery

Canada Dot Com 05 Jun 2020

Gold eased on Friday ahead of a key U.S. jobs report and looked set for a third consecutive weekly decline as hopes for an economic recovery stoked interest in assets seen as higher risk, like stocks, at the metal’s expense. Spot gold was down 0.2% at $1,708.07 per ounce as of 0700 GMT, while U.S. gold futures slid 0.9% to $1,711.80....

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Gold Heads for Third Week of Losses Amid Signs of Recovery

Yahoo Daily News 05 Jun 2020

Gold eased on Friday ahead of a key US jobs report and looked set for a third consecutive weekly decline as hopes for an economic recovery stoked interest in assets seen as higher risk, like stocks, at the metal's expense. Spot gold was down 0.2 per cent at $1,708.07 per ounce as of 0700 GMT, while US gold futures slid 0.9 per cent to $1,711.80....

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Gold prices head for 3rd week of losses amid signs of recovery

The Times of India 05 Jun 2020

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Silver futures slip 0.8% in afternoon trade

Moneycontrol 05 Jun 2020

The white metal corrected sharply from recent highs and is trading near $18/0z amid mixed trade in gold and industrial metals ... So far in the current series, the precious metal has touched a low of Rs 34,076 and a high of Rs 51,235 ... The spot gold/silver ratio currently stands at ......

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Gold price today: Yellow metal pares gains, likely to find support at 46,300-45,900

Moneycontrol 05 Jun 2020

MCX Gold August contract traded on a positive note where it has sustained well above 45900 levels giving close above 46600 levels indicating a positive breath in the counter up to 47200 levels ... India Gold August Futures pared early gains on June 5 and turned negative tracking muted trend seen in the international spot prices....

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Crude likely to trade with positive bias on expectations of deeper production cut: Kotak Securities

Moneycontrol 05 Jun 2020

Silver has corrected sharply from recent highs and is hovering near $18 amid mixed trade in gold and industrial metals ... Silver may witness choppy trade as gold and industrial metals struggle for direction but we do not expect a sustained rise in gold and this may weigh on silver....

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Gold gains as equity rally halts, dollar softens

The Times of India 05 Jun 2020

Gold prices rose on Friday on a weaker U.S. dollar and a pause in the recent rallies in global equity markets, amid signs of lingering economic damage from the coronavirus crisis that had investors moving towards the safe-haven metal ... Spot gold was up 0.2% at $1,714.78 per ounce, as of 1256 GMT....

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Manish Bhandari makes a strong argument for having gold in your portfolio

The Times of India 05 Jun 2020

Gold for the last decade has only grown 1% per annum from the supply side, says Managing Partner and CEO, Vallum Capital Advisors. You are building a strong argument to have some gold in the portfolio. Tell us why you like gold right now ... On top of it, gold as a metal has only grown one percent per annum from the supply side for the last decade or so....

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At the 1952 Helsinki Olympics hockey venue, Balbir Singh Sr. lives on

The Times of India 05 Jun 2020

Leaving his three Olympic gold medals behind for the world to cherish, the magician took his wand, the stick, with him ... The 1952 gold was India's fifth consecutive yellow metal in Olympic hockey, and second in a row as an independent nation, when Balbir Singh Sr....

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Tether Might Surpass Ethereum and Become Second-Largest Crypto, Says Bloomberg Report

Coinspeaker 05 Jun 2020

COVID-19 is accelerating the shift away from paper money and stimulating plenty of quantitative easing, which is helping independent stores-off value such as gold and Bitcoin ... “Bitcoin is the benchmark crypto asset and is increasingly becoming a digital version of gold....

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Oil rises as traders await OPEC meeting on extending supply cuts

Moneycontrol 05 Jun 2020

Brent crude futures were up 27 cents, or 0.7%, at $40.26 a barrel as of 0620 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 17 cents, or 0.5%, to $37.58 a barrel. Reuters ... related news. Gold price today. Yellow metal pares gains, likely to find support at 46,300-45,900. Gold fades for third straight week on economic recovery hopes ... ....