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Gold has been used throughout history as money.

The price of gold is driven by supply and demand The Krugerrand is the most widely-held gold bullion coin Coins may be purchased from a variety of dealers including dealers who trade online During times of economic uncertainty many investors try to preserve their assets by investing in precious metals such as gold and silver. In the European Union (EU) the trading of recognised gold coins and bullion products are free of VAT Each continent has rich deposits of gold.

Although experts consider that Australia, South Africa, China and Nevada are the most important producers Approximately 40 % of all the gold mined in the past 50 years came from the large deposit in South Africa, called the Rand which is situated in the Witwatersrand Basin The gold standard is a monetary system in which the standard economic unit of account is a fixed weight Karat or carat (abbreviation ct or kt) is the unit of measurement for the proportion of gold in an alloy; 18-karat is 75% gold; 24-karat is pure gold.


White gold is a pale precious metal alloy of gold usually with platinum or nickel or palladium Gold leaf is gold that is beaten into extremely thin sheets of gold foil which are used in gilding decorative objects The California Gold Rush (1848-1855) began on January 24, 1848, when gold was discovered by James W. Marshall at Sutter's Mill, in Coloma, California Major gold rushes took place in the 19th century in Australia, Brazil, Canada, South Africa, and the United States Fool's gold is Pyrite which, due to its shiny metallic luster and yellow color, has often been identified incorrectly as gold by the inexperienced prospectors.

Fool's gold is actually a form of iron The Midas touch: King Midas from Greek mythology is famous for his ability to turn everything he touched into gold. This was called the Golden touch, or the Midas touch.

This gift from the God Bacchus back fired on Midas as everything he touched including food, drinks and even his daughter transformed into the precious metal Many rivers contain gold in their sands, especially those of California and Guinea. Mines are of rare occurrence in Europe, but the metal is found in some of its rivers It is indestructible by air, water, or fire It is the heaviest of all precious metals.
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