An Ounce of Gold Gold is a metal that is unlike no other. It is sought after by men and women in all lifestyles in all countries and communities throughout the world. The chemical symbol on the periodic table of elements is AU. It comes from the Latin word Aurum and has several distinct characteristics:
Gold’s atomic number is 79 Its atomic mass is 196 The number of protons/electrons are 79s It's melting point is 1,064.43 degrees Celsius Oxidation states +1/+3 Its crystal structure is cubic It has a density of 293 degrees K
Gold was one of the first metals that prehistoric men and women would work with. You can see several depictions of old objects that were gold in color - gold was always used as a decoration, and was always used for jewelers as well. Gold was even devalued during a period of time, and was used to make tools and other invaluable objects, when it was mined for trade. Throughout time, particularly in the last century the cost and the price of the gold ounce has been rising considerably. You can buy bullions and even gold ETFs which are known as gold stocks. Trading gold on today's market is the most popular form of investing in today's world. These days everyone wants to trade gold in the market, because the price of an ounce of gold is so high. Everywhere you look, there i s another investment opportunity for gold buyers. The price for an ounce of gold is getting so high, people want to buy gold everywhere - even people who have traditionally not bought gold in the past. Many people have also started to sell gold as well. Being that the price of an ounce of gold has skyrocketed so high, American's are scrambling through their cabinets and drawers to find old coins, jewelry, and other valuables that may be made out of gold. This is mainly because the price is so high, people are getting paid out so much more for gold today than before because the price is so high. Gold has gone up so much in the past 5 years, however if you compare the gold market with the total stock of financial assets, the bullion is just a small piece of the investment. There are a number of factors that are driving this rapid growth: demand, mining output, falling dollar, worldwide inflation, debt, etc. This document was created as an addendum to ounceofgold.net, your one stop shop for gold investments, as well as information regarding gold and the price of it in today's market. If you would like more information, please feel free to drop by oucneofgold.net and give us some feedback.