Gold has been in use for centuries. It was through gold trading, mining, and refining that the world got its first coins. The Romans were among the earliest to use it as currency to pay their soldiers during the reign of Augustus in BC 27. In fact, in ancient Egypt and China, gold was used as a medium of exchange before any other metal such as silver or copper became widely recognized.
Gold is a shiny, golden-colored metal that is typically malleable and ductile. It is highly resistant to corrosion and oxidation and can be polished to a high shine.
The value of gold often fluctuates with the financial markets, but it remains one of the most sought-after metal commodities in the world. The reason for its popularity as an investment is that it has not experienced any significant inflation during the past 3 decades.
The history of gold is a long one. The earliest evidence for the use of gold comes from ancient Egypt, circa 3000 BC. By the middle of the second millennium BC, gold was already being used to make jewelry and ornaments, as well as coins. The Egyptians were not alone in their early use of this precious metal. Gold is easily malleable, making it an excellent conductor of electricity and thermal energy.
The use of gold has increased significantly since then and has since been used in many industrial processes. Here are some uses:
-Gold is a durable metal that can be found in jewelry and ornaments
-Gold can also be made into coins
-Gold is used to produce electronics that are resistant to corrosion