Friday, August 13, 2010

The Usage and Forms of gold

Gold has ever since long been used as a means of barter.  Nowadays, this precious metal is used in a lot of ways and even in different forms: as jewelry, in electronics, industry, in the field of medicine, as food and drink, and as gold chemical compounds. But other than this, we all know that gold is used as a standard for monetary exchange, for example, in the form of coins and ingots. However, do know that coins in circulation are alloyed other base metals to harden and be suited for day to day circulation. But there are those forms which do not require good mechanical wear properties that’s why modern collector/investment bullion coins are typically 24 k or carat, the designation for pure gold.  These are not actually stock knowledge.  That’s what I learned when carefully read the wall posts at United States Gold Bureau’s Facebook Fan Page.  Check it out and don’t forget to hit the “like” button.

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