Gold : Why is it so valuable?
By Tracy Zheng
What is Gold?
Gold is a chemical element found on the periodical table with the letters of Au. This element can be found mostly as a metal (under standard conditions) that's yellow and slightly reddish and it has a bright shine. Gold is a precious metal, and is highly sought after and its price sky rockets most metals. Gold can appear as a solid, in standard conditions, or appear as a liquid in extreme temperatures as well as appearing in gold foil. Gold can also appear in most expensive jewelry along with diamonds, silver, etc.
Why the helium is gold so valuable???? It literally costs a house for a gold bar!
Gold skyrockets in the economy, causing currency depreciation, formed into gold bars for monetary exchange, and more where as I can't even get a toy gold bracelet. So how can one chemical element make such a huge economic impact and change stocks?
Well, how often can you find gold? Think about how many gold mines are there in the world and how dangerous it is to be underground, mining away to find one gold nugget. Also, think about how rare finding gold is or any precious metal in general like diamonds.
Besides the scarcity of gold, think of a metal that can have physical and chemical properties like gold. What can be malleable yet resistant to acids like gold? Gold is highly resistant to some acids and corrosion unlike some metals. Also, gold can react with other chemical elements to create blue gold, red gold, etc etc. You can probably make a rainbow out of gold! Imagine how cool it is to create an expensive rainbow!
Where can I find gold?
Gold can be mostly found in today's jewelry, such as earrings or bracelets if you want to be stylish. But, if you're looking for raw gold, go head into gold mines. I can't guarantee that you'll 100% find gold. Another alternative is searching in the seawater for gold. You can reenact the Gold Rush of California of 1949 and search everywhere for gold! If you can find some of course....
Gold is a chemical element found on the periodical table with the letters of Au. This element can be found mostly as a metal (under standard conditions) that's yellow and slightly reddish and it has a bright shine. Gold is a precious metal, and is highly sought after and its price sky rockets most metals. Gold can appear as a solid, in standard conditions, or appear as a liquid in extreme temperatures as well as appearing in gold foil. Gold can also appear in most expensive jewelry along with diamonds, silver, etc.
Why the helium is gold so valuable???? It literally costs a house for a gold bar!
Gold skyrockets in the economy, causing currency depreciation, formed into gold bars for monetary exchange, and more where as I can't even get a toy gold bracelet. So how can one chemical element make such a huge economic impact and change stocks?
Well, how often can you find gold? Think about how many gold mines are there in the world and how dangerous it is to be underground, mining away to find one gold nugget. Also, think about how rare finding gold is or any precious metal in general like diamonds.
Besides the scarcity of gold, think of a metal that can have physical and chemical properties like gold. What can be malleable yet resistant to acids like gold? Gold is highly resistant to some acids and corrosion unlike some metals. Also, gold can react with other chemical elements to create blue gold, red gold, etc etc. You can probably make a rainbow out of gold! Imagine how cool it is to create an expensive rainbow!
Where can I find gold?
Gold can be mostly found in today's jewelry, such as earrings or bracelets if you want to be stylish. But, if you're looking for raw gold, go head into gold mines. I can't guarantee that you'll 100% find gold. Another alternative is searching in the seawater for gold. You can reenact the Gold Rush of California of 1949 and search everywhere for gold! If you can find some of course....
Whats a carrot?
I think you mean a karat. Unless you're talking about a carrot, which is a vegetable that bunnies eat. Anyway, you may have heard the term karat in relations to gold. Karat is used to measure the purity of gold. For example, a 12-karat necklace means that the necklace is at least 41.7% gold and 58.3% other metal. The reason why karat is used is because gold is too soft to use in jewelry so gold is used as an alloy to mix with other metals like silver, copper, or zinc. The highest karat gold can go up to is 24! 24-karat gold
Tip : Karat should not be mistaken for Carat, which is a measure for diamonds!
I think you mean a karat. Unless you're talking about a carrot, which is a vegetable that bunnies eat. Anyway, you may have heard the term karat in relations to gold. Karat is used to measure the purity of gold. For example, a 12-karat necklace means that the necklace is at least 41.7% gold and 58.3% other metal. The reason why karat is used is because gold is too soft to use in jewelry so gold is used as an alloy to mix with other metals like silver, copper, or zinc. The highest karat gold can go up to is 24! 24-karat gold
Tip : Karat should not be mistaken for Carat, which is a measure for diamonds!
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Why is there different colors of gold?
Gold doesn't only come in the yellowish shine that we all know and love! Due to pure gold being too soft in jewelry, gold must be alloyed with other metals. Not only does it change the texture of the gold, but the color of gold! How does this sorcery happen? Well take for example, rose gold. Rose gold is known for it's pinkish light tone but it's still gold! The reason for this color is because gold is alloyed with copper. There could be even different shades of color with metals you add in! For rose gold, there's gold, copper, and silver added in to lighten the tone. For even further redness, there's no silver involved, resulting in red karat gold. There's also white gold which is gold alloyed with either padullium or manganese. |