Categories
Gold

Is there a benefit for gold?

According to a website providentmetals.com; Gold is thought to have a relaxing effect on blood vessels, allowing blood to flow more freely. This boost in circulation regulates oxygen within the body, aiding in healing. Gold is said to aid in body temperature regulation. A stable temperature improves a person’s immune system

This is off course other than investments.

Categories
Gold

Who has the most gold?

According to fool.com on “Which Country Has the Most Gold Reserves?”

United States18,133.575.3%
Germany23,373.671%
Italy32,451.868.3%
France42,436.064.6%
Russia51,880.517.9%
China61,842.62.4%
Switzerland71,040.05.5%
Japan8765.22.6%
Netherlands9612.567.5%
Turkey10591.021.9%
India11558.15.8%
Taiwan12423.63.9%
Portugal13382.563.6%
Saudi Arabia14322.92.8%
United Kingdom15310.38.6%
Kazakhstan16307.041.3%
Lebanon17286.822.2%
Spain18281.617.3%
Austria19280.050.9%
Belgium20227.436.7%
Categories
Gold Oil

Gold vs. Oil

According to an article by mining.com, Gold and oil usually rise and fall in tandem. Conventional wisdom is that rising oil prices push up inflation increasing demand for gold as a hedge. Since 1970 the average ratio – how many barrels of oil can be bought with one ounce of gold – is around 15. … At the time both crude and gold were becoming more expensive.

Categories
Gold

The most expensive Gold?

The Most Expensive Gold Item In The World is “Patek Philippe Gold Pocket Watch”, which was sold in an auction for $24.4 million in 2014

Categories
Gold

What are Gold?

According to the internet Wikipedia (Encyclopedia): Gold is a chemical element with the symbol Au and atomic number 79, making it one of the higher atomic number elements that occur naturally. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element

Estimates for all the gold in the world mined to date hover around 165,000 metric tons. Some estimates go as high as 1 million tons but most experts would agree that under 200,000 is accurate. World gold supplies are difficult to quantify. That is because gold reserves are not always reported accurately read more