The classical standard of gold.
The Gold Standard was a system under which nearly all countries fixed the value of their currencies in terms of a specified amount of gold, or linked their currency to that of a country which did so. Domestic currencies were freely convertible into gold at…Read More
Interesting facts about gold.
If all of the existing gold in the world was pulled into a 5 micron thick wire, it could wrap around the world 11.2 million times. The boiling point of gold is 2808 degrees centigrade. There are just over 31 grams in a troy ounce…Read More
Future of Gold Fields.
The acquisition is expected to deliver the company a coveted foothold in the North and South America. Gold Fields to Be World’s Fourth Biggest Gold Miner By Output Leading South African miner Gold Fields Ltd. is set to become the world’s fourth largest gold miner,…Read More
Gold and traditions.
China. In China, gold is often gifted to younger members of the family for special occasions, and there is a tradition of giving gold to new born babies in the form of tiny necklaces or bracelets.Gold also has a special place in the Chinese New…Read More
Silver.
2022 has started a year defined by geopolitical turmoil and market uncertainty. As such, gold has grabbed several headlines. Interest in safe haven assets abounds amid rising rates, inflation, and political instability. Silver has been noticeably absent from these conversations. If you compare silver and…Read More