WHAT IS GOLD
WHAT IS GOLD GOLD IS ONE OF THE RAREST METALS ON EARTH. Gold is a dense, lustrous-yellow precious metal found in nature. Its periodic symbol, Au, comes from the Latin word aurum—meaning “shining dawn.” Simply put, the history of gold is unrivaled. Its attributes have made it the foundation of economic life and an enduring symbol of wealth for thousands of years. As the only global currency that has stood the test of time, gold has outlasted every form of paper currency ever issued, arguably making it the most influential asset in human history. Let’s take a closer look at gold and its impressive history. GOLD BASICS 1. There are an estimated 190,040 tonnes of gold above ground, worth more than $8 trillion. 2. Thousands of pounds of ore are needed to produce ...