Gold Global Market

Gold is a chemical element with the symbol of Au from Latin word Aurum and atomic number is 79. It is slightly orange-yellow, dense, soft, malleable and ductile is nature. Chemically, gold is a transition metal. It is one of the least reactive chemical elements that's why it found native state in earth as nuggets or grains in rocks, veins and alluvial deposits. It occurs in a solid solution series with the native element silver, naturally alloyed with other metals like cupper and palladium and mineral inclusions such as within Pyrites.

Gold Global Market

Utility Of Gold

This pie chart shows the primary uses of gold during 2022. They were: Jewellery manufacturing 47%; Bullion (Gold bars and Ingots) 37%; Production of gold coins and medals 9%; Electronics industry 6% and other 1%. This data from the USGS Mineral Commodity Summaries, January 2023.

Global Gold Rate