Interesting Facts About Gold
- For starters, the boiling point is over 5000 degrees Fahrenheit and 2000 degrees is the minimum temperature at which it will begin to melt.
- Another name for the popular precious metal is Aurum and it’s periodic symbol is Au and is 79 on the periodic chart.
- At the molecular level it has a cubic crystalline structure. If you click the image below a window will open that you can use to get a three dimensional interactive view of the molecular structure.
- Pure gold is a high lively yellow color so vibrant that it matches the perceived color of the sun. However, if combined with various other metals, different hues, colors, and shades can be produced. Such as the blue, black or white gold commonly used for jewelry.
- The yellow color is a result of the arrangement of the electrons around the nucleus of the atom.
- Gold mined from the ground is referred to as alluvial.
- The gold that we use in electronic components helps to guarantee reliability. In highly crucial life saving devices such as air-bags, gold plays an important role in the reliability of such equipment, as it does with satellites and space craft.
- Gold can be spread so thin that you can see through it like a film and is normally used make space helmet visors. In theory, an ounce of gold can be flattened into a plate covering 90 square feet.
- In high purity it reflects infrared heat energy almost to a level of 100% which is why its ideal for reflecting radiation and heat.
- Nickel and palladium are two of the most commonly used metals for making a white-gold alloy.
- Platinum can also be used to create white gold, but its far more expensive than alloys made with other metals.
- There is a such thing as black gold too. It’s made by an oxidization process using either chronium or cobalt.
Franklin Mint is the world’s premier provider of finely crafted gifts and collectibles. Our products and experiences that touch the hearts and souls of millions with exceptional creativity, quality and integrity.
- The earliest modern account of gold being used in health care for the benefit of medical patients was way back in the year 1927.
- The inherent quality of gold we use in medical instruments such as medical lasers allows doctors and surgeons to close wounds faster which help healing and speedy operations with lower chance of complications in the operating room. It has also allowed for the execution of formerly inoperable heart procedures like open heart surgery which has saved countless lives.
- For some medical treatments, its also liquefied and injected into patients suffering with arthritis.
- Pure gold has never been known to cause a skin irritations.
- The amount of gold in oceans of the Earth is about 5 to 200 parts by weight to 100 million parts of water, or in other words, 5-200 : 100,000,000
- There are over 9 billion tons of the precious metal in the oceans of the world. With current technology in use to day the cost to extract it from the oceans would be astronomical, but with rising monetary inflation it may soon be a reality.
- In nature, gold forms chemically in combination with other minerals like tellurium, calaverite, sylvanite, silver, and it also forms in nagyagite along with antimony, lead and sulfur.
- Even today in the modern age, some alchemist still think they have the skills to cause lead to change into the precious metal. Even though it has never been done, they think they can do it.
- Nevada and South Dakota are by far the largest as far as modern gold production in the United States is concerned.
An American icon, The Franklin Mint was founded in 1964 and is known worldwide for its innovative design, meticulous attention to detail and creation of the highest-quality gifts and collectibles. The Franklin Mint’s peerless archives contain over 12,000 products. The Franklin Mint is synonymous with creating exceptional works of art that touch the hearts and souls of millions of collectors around the world
- Gold dissolves in water-based mixtures of halogens like chlorides, some iodides, and bromides.
- It can also dissolve in some oxidized mixtures as well. Cyanide ion with oxygen or a mixture of nitric or hydrochloric acids will also dissolve it.
More Gold Information
- The Australian Kangaroo, which weighs over thirty ounces, is the heaviest gold coin minted in the modern era.
- A few historic gold debasers who achieved infamy would be Nero and Henry VIII. They often mixed other metals into the coinage which ended up destroying the value. So much for the idea of printing more money. It didn’t work back in the old days and printing more dollars sure doesn’t work now.
- The first 100% pure gold coin was created by King Croesus of Lydia, back in 5th Century B.C.
- After 1912, medals won in the Olympics were no longer made of pure gold. I’d say that about justifies Olympic athletes not being 100% pure as well. It would be funny if the purity of Olympic athletes showed a correlation with the purity of the so-called gold medals they aim to win.
- The worlds most valuable coin, The 1933 Double Eagle, was sold in New York back in 2002 for well over six million dollars and I have no problem being paid in Double Eagles in case anyone wondered.
By The Numbers
- 7″ by 3 and 5/8″ by 1 and 3/4″ is the defacto standard of bullion bar dimensions.
- As of Dec. 31, 1941 Ft. Knox was the storage facility for over 640 million ounces of gold. Now days, Fort Knox only holds about 150 million ounces in its vaults. I guess a good explanation would be that after World War 2 came to an end, most of the precious metals were returned to its rightful owners which were the many European countries who were looking for somewhere to keep it in safe keeping from the clutches of Adolf Hitler.
- The United States government considers her massive cache stored at Fort Knox a highly valuable asset, and they say they value their holdings at slightly less than 50.00 per ounce which is a far cry from the current price levels. Makes you wonder if we are all being fooled about the true value of our money and our labor or if they simply don’t consider inflation when it comes to the gold stolen from the American people back in the 1930’s.
- The Swiss Franc, a European currency, once owed 40% of its value to gold. This benefit came to an end after the Swiss joined the worthless IMF in 1999. The Swiss were the last country to join the counterfeit global markets when they decided to unlink their currency from the precious metal.
- Today, gold is priced at over 1500.00 per ounce on the global markets and has been predicted to venture to the 5000.00 per ounce price area in the coming years. If true, it sounds like a wonderful investment vehicle to get involved with. When I first started to pay attention to it back in 2005 the price was less than 500 dollars per ounce. I could have been up over 200% in less than 10 years. That would have been great profit. Wow!
An American icon, The Franklin Mint was founded in 1964 and is known worldwide for its innovative design, meticulous attention to detail and creation of the highest-quality gifts and collectibles. The Franklin Mint’s peerless archives contain over 12,000 products. The Franklin Mint is synonymous with creating exceptional works of art that touch the hearts and souls of millions of collectors around the world.