10 Facts about rare Gold

Facts About Gold

Ten facts about Gold

1.Gold is a very rare metal. So rare, that the world produces more steel in an hour than it has produced gold since the beginning of time

2. Gold is so reflective that the visors of astronauts’ helmets are lined with a thin layer in order to filter out the sun’s harmful rays.

3. Gold is so malleable that one ounce can be beaten out to 300 square feet.

4. Pure gold is chemically inert, meaning it will never rust or tarnish due to its resistance to oxidization.

5. Gold was first used as currency in 560 B.C. by King Croesus of Lydia.

6. The Federal Reserve Bank in New York holds 25% of the world’s gold stores.

7. Gold is currently trading at $1,168.90 per ounce.

8. Rare Gold Melts at 1,948 degrees Fahrenheit.

9. North Carolina was the first state where gold was discovered in the U.S.

10. Gold is very dense. One cubic foot weights half a ton.

We love working with Gold at American Plating Company. Below is a short video depicting some day to day work with the metal:


 

References:

Bernstein, Peter L. 2000. The Power of Gold: The History of An Obsession. New York, NY: John Wiley &

Sons, Inc. Web. Jul. 2015.

Cartwright, Mark. “Gold in Antiquity.” Ancient. Apr. 2014. Web. Jul. 2015.

Fetherling, Douglas. 1997. The Gold Crusades: A Social History of Gold Rushes, 1849-1929. Toronto,

Canada: University of Toronto Press Incorporated.

Dunbar, Brian. “Learn about Spacesuits.” NASA May 2014. Web. Jul. 2015.

Mayerwitz, Scott. “Welcome to the World’s Largest Gold Vault.” ABC News. Sept. 2008. Web. Jul. 2015.