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About Gold

Jewelry of gold contains almost always other metals, primarily to make the metal resistant to wear and has carat number between 8 and 22. One produces almost never jewelry in 24 carat, as the material becomes very soft and bendable.

 

The "other" metal is usually largely copper, which gives the alloy a little of its distinctive reddish color or palladium, which is used in white gold, then bathed in rhodium to give the jewelry the shiny surface.

 

Gold has throughout the history been used as currency in the form of gold coins. In the past people used gold as a backup to the monetary system as we know it today. that you could only press the number of money that had been of value in physical gold, but this was in Britain permanently separated from each other in 1931, Denmark followed suit later due to contemporary trade agreements.

 

Some countries still issue gold coins like the Canadian Gold Maple Leafs, Australian Gold Nuggets, the Vienna Philharmonic with a purity of 99.99% fine gold.. Some gold coins are 22 karat such as the South African Krugerrands, American Gold Eagles and British Sovereigns Gold / Gold BrittaniaCoins are traded mostly in ounces and one ounce equals 31.1 grams.

Production of gold - Timeline

·     In 1900, the production was 450 tons of gold.

·     In 1950, the production was 890 tons of gold.

·     In 2009, the production was 2150 tons of gold.