Gold Amsterdam

Gold is a precious metal and is formed from liquid magma. Because of this, gold is often found in areas where volcanic activity has taken place. Gold can be found in three different forms: gold dust, gold nuggets and gold vein. In the 20th century, the most gold was commonly found in Africa.

Gold, also known as the chemical element Au, is a highly valued and stainless metal. For this reason, gold is considered the "king of metals". After lead, gold is the easiest of metals to bend and deform.

Pure gold is a soft metal. This metal is also called "the philosopher's stone" because it is soft yet does not rust. Before it can be used, gold is purified and often mixed with other kinds of materials to harden it. For jewelry, the purity of gold measured in carats, 24 carat being pure gold.

The precious metal is used for a number of different purposes, such as in production of jewelry and money. In addition to this, gold is also used for the following:

• as a coating for the surface of satellites, because of its ability to reflect ultraviolet rays well.
• as coverage for paper and coins
• in works of art
• as crowns in teeth

Gold is measured in troy ounces, which is the equivalent of approximately 31.1 grams. On the gold market gold value is expressed in a specific amount of U.S. dollars.

Amsterdam has always been a trading place of gold. That is why Gold Amsterdam will inform you about the history of this tradings.

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