Monday, 28 August 2017

50 Interesting Facts About Gold

Gold is one of the best investment options. Instead of becoming a regular trader, you can start with gold bullion and hold it for sometime. Then, you can sell it and get the best prices. Gold is not the thing of today, it dates back to ancient times where noble people used to wear gold jewellery to make a mark. In those days gold was limited to higher society. It was often considered as a social status. But now, times has changed and gold has turned into a popular investment option. 

Well, we will not talk here about the gold bullion investment tips or how to buy gold coins online easily, this article will focus on 50 interesting facts about gold.

1. Greatest gold reserve is in ocean bed. We don't have any cost effective technology to mine billions of tons of gold in ocean bed.

2. Gold is the only metal which is present in every single continent. 

3. You can eat Gold. In many countries gold is used in tea and other foods.

4. Gold is present in human body and it helps in maintaining good health.

5. Gold is yellow in nature. Other metals attain yellow color through chemical activities such as oxidation.

6. Gold won't dissolve in acid and it won't react with moist air.

7. Gold is a noble metal. It is completely pure in its higher state and tasteless.

8. Gold's purity is measured in carats. 24 carat gold denotes 100% purity. Less than 24 carats means that other metals have been mixed with gold.

9. 100% pure gold is very soft. It can be molded with bare hands.

10. Most of world's gold come from South African mines. South Africa provided 500 tons of gold every year.

11. 78% of the mined gold goes to making gold jewellery.

12. Apart from gold investments, this is also used in various other applications like electronics, medical etc.

13. World's largest gold bars weighs 250 kg.

14. Olympic gold medals contain only 1.34% of gold.

15. Gold is limited in quantity and all the world's gold can be stored in 3 Olympic swimming pools.

16. Indian housewives hold 11% of world's gold.

17. Injecting gold into the body can fight cancer.

18. Your hair contains traces of gold.

19. Around 80% of world's gold is still buried underground.

20. India is world's largest consumer of gold.

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