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Essay On Gold

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Gold, element 79 in the periodic table, has been revered in all human cultures since civilizations have been able to use and admire this precious metal’s unique and extraordinary properties. Gold is an excellent electrical conductor, does not tarnish, extremely malleable, easy to work with wires and sheets and alloys well with other types of metals. Gold is also unrivaled in its glossy shine and natural brilliant luster. Due to these unique properties, gold makes its ways into almost every modern sphere of life in some way, shape, or form. Carbon, element 6 on the periodic table, is a naturally abundant non-metallic element which forms the basis of most living organisms. It is the fourth most abundant element in the universe, and it plays a crucial role in the health and stability …show more content…

As a highly esteemed precious metal, gold makes a natural appearance in crowns, awards and religious statues. Due to its unparalleled beautiful qualities and rarity, gold is one of the highest status symbols. In everything from Academy Awards to Olympic medals, gold is recognized for its admirable qualities and it holds a permanent place of value in humanity’s eyes. Also, because gold is so rare and highly valued, this precious metal also makes a natural currency, and has for at least 6,000 years. The U.S. used to hold all its monetary currency to a gold standard, and since the turn of the millennium, gold value has been on the rise in the stock market. In an uncertain economy, gold has emerged as a possible financial staple. One of the most common ways to hold or invest in gold is in gold coins, gold bars, also gold bullion. A gold IRA is an increasingly popular way to invest in gold as

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