Feature of gold
Gold has a specific gravity of 19.32 and a melting point of 1064℃. Therefore, the melting point and specific gravity are both higher than silver but lower than platinum. The density of 18K and 14K gold alloys containing other metals will be lower than that of pure gold.
Main countries of gold production and the application of gold
About 70% of total consumption in South Africa, Australia, the United States, and China is made up of jewelry. The preferred gold is 18K gold in Japan and Italy, 9K gold in the UK, and 14K gold in the US. Yellow gold, pink gold, and white gold are just a few of the colors available for alloys made of gold and other metals. The distinction in the type and amount of pigment results in the color difference.
Gold as currency.
Due to the fact that gold is traded as a currency, global politics and the state of the economy can affect supply and demand, causing market fluctuations. Due to the fact that gold is frequently purchased during periods of inflation, it is claimed that the gold market moves counter to the dollar market.
