Gold is a soft, dense, shiny, malleable and ductile metal, and is a chemical element with the symbol Au and atomic number 79.
Unlike currency trading, Gold has long been touted a prized possession, something that many purchase in various forms – namely: jewellery, golden nuggets for investments and also in various industries; for example, restaurants, whereby gold leaf are used for decorations in cuisines.
This has led many people to wonder where or even how gold became part of our lives? Gold was first used as a vehicle for monetary exchange in the olden days; the first gold coins from the Grecian age were discovered approximately around 700 B.C.E. Gold is the oldest precious metal known to man and has a long and complex history. From gold’s first discovery, it has symbolized wealth and guaranteed power. Homer, in the “Iliad” and “Odyssey,” makes mention of gold as the glory of the immortals and a sign of wealth among ordinary humans.
Early civilizations equated gold with gods and rulers, and gold was sought in their name and dedicated to their glorification; for example, the “Golden Calf”. Humans almost intuitively place a high value on gold, equating it with power, beauty, and the cultural elite. Since gold is widely distributed all over the globe, we find this same thinking about gold throughout ancient and modern civilizations everywhere.
At 4000 B.C, gold was utilized as decorative objects in Eastern Europe. Ancient miners probably located the gold inside the Transylvanian Alps or the Mount Pangaion spot in Thrace. This really is a strong evidence that gold was utilized to represent wealth and these who very own significant amounts of it are deemed strong in society.
“Gold, measured out, became money. Gold’s beauty, scarcity, unique density (no other metal outside the platinum group is as heavy), and the ease by which it could be melted, formed, and measured made it a natural trading medium. Gold gave rise to the concept of money itself: portable, private, and permanent. Gold (and silver) in standardized coins came to replace barter arrangements, and made trade in the Classic period much easier.” – As quoted from OnlyGold.com, bears the importance of gold as a trading commodity even to this day. Gold has therefore been scouted the world over for its multiple uses as well as rarity, to this day. As for the present time, as aforementioned, gold are easily found in large forms of jewellery, bullions for forex investment, as well as used in various industries for dental practices etc.
Gold is highly valued in lots of societies throughout the ages and in some cases has an instrumental value to the society of gold customers these days because it may symbolize energy, power, wealth, warmth, happiness, really like, hope, optimism, intelligence, justice, balance, perfection, summer time, harvest plus the sun. Its beauty is beyond phrases; therefore its presence during the world is unquestionably everlasting.
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