The Benefits And Attributes Of Gold

The limited quantity in which they are found makes metals such as platinum

, gold or iridium receive the attribute of precious. Their other attributes are ductility, density and malleability. Among them, the most popular is gold due to its usage in jewelry, art and coins. Pure gold is too soft for day-to-day monetary use and is typically hardened by alloying with copper, silver or other base metals.

In order to assess the true value of the gold, there is in place a scale from 1 to 24, expressing the proportion between pure gold and other alloys used to harden that piece of jewelry, coin or piece of art. Furthermore, gold has a specific measurement system world-wide accepted - the troy ounce equaling 31.1 grams.

Jewelry is the most common form under which gold is found. As mentioned, due to the fact that gold is very malleable, it is important to keep a balance with the quantity of alloy added in order not to decrease its value. The ability to purchase any form of gold (coins, jewelry or art products) has been associated with those belonging to a privileged class, becoming a symbol of wealth.

Centuries ago gold coins have been used as currency for all trade exchange. Paper money has annulled this role of gold and today it is used as an investment tool with ISO 4217 currency code. The request for precious metals is therefore is determined not only by their practical use but also by their role as investments and store of value.

As we have entered a period of financial and economic instability, it has become very difficult for all to manage their assets and to choose the best solution for investment. In this search for a "safe haven" it is a good opportunity to have all savings stored into a tangible and more reliable product. Buying gold represents a great solution for investor all over the world.

Bullion coins are the most frequent for under which gold is traded or, in case more funds are available bars. There are many derivative markets where the gold is established, however it is generally acceptable to be set in London named Gold Fixing. It is advisable to use the services of professional agencies that try to insure the best profit.

by: Jack Wogan.

POST COMMENT

Sell Gold Jewelry - Don't Get Ripped Off Aarya 24 Kt Gold - They Are Experts Best Ideas Of Gold Jewelry For Men Looking After Your Gold Jewellery Presents for the Golden Anniversary Couple Cool Gift Basket Ideas for Golden Anniversaries What To Look For In A World Of Warcraft Gold Guide Your Assets Will Not Be Lost If You Invest In Gold Gold Coast removalists – how to choose the best one for you New Mlm Program For Silver Sol Product How A Web Guy Got Involved Promoting Gold And Silver, And How You Can Too! Gold, Oil, SP500 & Dollar At Key Pivot Points Why to Prefer Buying Sterling Silver Jewelry?