Its unit of trade is ‘Karat’ and in its purest form, gold is market as ‘24 Karat’. Since gold can be molded easily into various shapes, its usage in jewelry making has made it very popular and out of reach of a common man.
Gold is used in making components of a satellite and in making of glass shields for climate controlled structures. Gold has a lot of medicinal usage as like it is used in the making of certain surgical instruments, it is used as a radiation source in treatment of cancer, used to treat a medical condition lagophthalmos in which a little amount of gold is embedded in the upper eyelid. Gold is also used in the production of colored glass, in the production of infrared shield, in the making of gold leaf for various procedures and apart from all these uses gold is also used in various dental procedures like making crowns, bridges, tooth filling, tooth restoration etc. In industries, basically gold is used to make connector wires in most of the computerized devices like mobile phone, processors for GPS systems and in calculators since gold connectors do not corrode, have resistance to chemical reactions and are able to withstand harsh conditions. Out of all the gold production, around 50% of it is used in jewelry making, 40% for investment purposes and 10% in industrial use. In 2016, China came forward as the largest producer of gold with 4500 tons a year. It is believed that gold originated in the earths’ mantle and then made its way to the surface of the earth, according to research conducted by University of Granada and other scientists back in 2017.Īccording to a research conducted in 2015, around 186,700 tons of gold is believed to exist on the ground. The copper alloy has usage in making of badges. The familiar gold alloys are the copper alloy and the rose gold alloy. The melting point of gold is 1337.33 K and boiling point is 3243 K. An estimated density of gold is 19.3 grams/cm 3. In nature, Gold, the element exists in the form of form of rocks, grains or alluvial deposits. It is able to withstand harsh conditions and is slightly reactive out of all the chemical elements. When in completely raw or pure form, Gold is found to be dense, string highly pliable and bright reddish sort of yellow in color. Known to be an element, Gold has the highest atomic number among the family of the elements.
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