2007/06/21

Why Gold?

Real Gold Fears no Fire!


Pure Gold
Why Gold?

After centuries, the way human barters and exchanges things varies in many ways, but one of the most valuable metal which never changes its importance is Gold.

I created this blog to emphasis informations about every types of gold, for everyone to search and learn about this immortal metal.

I will collect every articles, photos, diagrams and everything else i found in this blog, thus I hope that anyone comes into my gold-trader land, especially for traders,would be impressed and satisfied before click close the browser for sure.

for any inconvenience in this site,please forgive me
and don't be hesitate to give me your advices.

for any advantage you get from my collections,
please don't be hesitate to give me a drink!

Cheers!
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Before knowing any informations,
Let's start with the characteristics of gold..

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Gold (AU) is the most valuable metal known to man. Though there are other valuable metals, none can match the value of gold. Gold has a unique characteristic in that whatever metal it alloys with, its characteristics are further enhanced in relation to its quantity and it can be extracted again from any alloy into its original sole element form. Another important fact is that it is a stable element in itself. Furthermore, the process of purifying gold is so complicated that it makes gold so much more valuable and also rare.

In scientific terminology, gold is a natural, free element, which may be mixed with other metals such as silver, copper, iron, and telluride, with a hardness of 2.5-3.0 and a specific gravity of 15.6-19.3, depending on impurities. It portrays various shades of yellow, and is shiny and very heavy. It is so tensile that it can be beaten into wafer-thin sheets, bent or extruded into a delicate, stranded wire. It can be dissolved only by mercuric acid. Its purity is measured in Karat. The benchmark is that pure gold is 24 karat or 1,000 fineness. 18 karat gold means that the metal is 18 portions gold and 6 portions of others, such as silver, copper, nickel, or 750 fineness or 75% gold.

(Source: World of Gold-Magazine of Jewelry and Watches, issue no. 41 in 2003,
page 56-57)

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Gold Jewelry and The Thai Society

Since the old time, gold jewelry is often given as a present among the Thai in several special occasions. As an article on ‘Thai Gold Ornament’ in the World of Gold Jewelry & Watches Magazine, it has described that Observing details of the lifestyles of bygone ages, it is noticeable that the Thai were always very fond of personal ornaments, especially gold jewelry. From birth, a child would receive gold ornaments as gifts for being born into a family and from relatives and family friends. When they reach marriageable age, whether formerly or presently, parents of the groom would bestow gold ornaments or gold bullion to the bride as the marriage present. And so too, in the greeting of a favorite daughter-in-law, gold ornaments will please all” (Issue No. 41, Year 2003, Page 53).

With its auspicious meaning and color as well as the infinite value of ‘Gold’, it is until now regarded by the Thai as one of the best gifting items that brings about happiness to all.

(Source : http://www.houseofgoldsmiths.com/about_gold_t.php)

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