The history of gold and its course-Gold was a precious metal for as long as people can remember. Why is valuable is that universally accepted as a medium of Exchange, cash, useful and beautiful and hard to find. With so much attention on gold today, I think there is a need for readers to learn more about gold. To see the future, we must know the date first. Therefore, this article is about the history of gold. The Egyptians had mastered the art of beaten gold on gold leaf. They also manufacture alloys other metals with gold for some variations in color and hardness. Gold used by man since the CHALCOLITHIC period identified from protohistory is sometimes copper age. About its origin, made several assumptions, so you may find different interpretations of this durable material. Gold is precious stones which play a very important role in the financial markets, and is the second most popular in the world after the copper miner.
Hypotheses about the origins of known gold
Gold history starts much earlier than we imagine. Most people believe that the people of the stone age, the bronze age only used tools made of stone or copper. According to some scientific explanations, this is a nuclear lalastanaa excellent run by successive generations of stars that produced gold. This was going to happen there is about 10 billion years. It also explains that the composition can be attributed to the explosion of Supernova, or possibly from a colliding neutron stars. To believe that the recent studies, the gold potential of the Earth’s crust comes from the late heavy shelling which occurred approximately 4 billion years.
The history of gold and its course How to make gold shine
The first uses of gold
The areas of the Nuba mountains in Egypt carrying gold to make Egypt a very rich gold used in international trade. In the ancient world, gold was used for making jewelry, rich characters. In Egypt, the Pharaohs Tutankhamun and Ramses and buried with several objects made from this precious metal. One of the oldest gold ornaments kept in Bulgaria date back to the 5th Millennium BC. This is a Lydian kings (Lydia, a former Asia minor) that recognize the first gold coin in history, cutting the lion’s heads. It was used from the 8th century to the 6th century BC.
Trading in gold
People always want gold because there were several gold rushes throughout the world. On the London Stock Exchange, holding gold in physical form, while in New York, and then in the form of futures contracts. It’s about good regulation are transactions in those markets, with large amounts of gold at stake. Besides the financial world, and featured businesses trade open to individuals. With banks and the financial crisis in 2008, the business flourished from proposals to buy jewelry, bullion, any object into gold. Transactions are in principle that the level of gold applied to the financial markets.
Fluctuations in the price of gold
There are always fluctuations in the gold price, so the price of gold is not stable, it depends on several factors. We can cite many reasons for the stock changes in other central banks, and industrial demand, and requests for jewelry and monetary speculation based doubts facts, natural reserves and the costs of mining and production volume. This is due to the fact that gold is a safe haven for these fluctuations. In fact, it ensures material is injected into the market numbers not exceeding the level of annual extraction. Therefore, inflation of gold extracted on the basis of the quantities that are usually less than the amount already in circulation.
