Saturday, November 12, 2011

The History of Gold




Gold is the most precious metal and has a long history. Gold has been the preoccupation of both nations and individuals, as it determined the progress and the retrogress of all countries.
Gold was appreciated in ancient and modern civilizations, the tomb of the young Egyptian King Tutankhamen was a concrete proof of not only the general  appreciation of gold but also using it to show their skills and abilities in craftsmanship. Further the  Persian Empire's artist  used gold in making statues of animals made of gold with the tiniest details engraved.
The Roman empire's  strength witnessed the use of gold not only as jewelry but also as domestic items like cups and spoons . With Christianity's advent it for bidden is bury gold with  dead bodies, resulting in more available gold pieces in the Middle East region.
After discovering the New World (North and South America) some peoples showed a level of high skill in gold. Further  the Indian native manufacturers surpassed their European invaders in this art, so Spanish seized all their masterpieces which were melted down and transported to Spain, depriving the world of this art. It is known only via modern excavations.

Developments :-
The first occurrence of alchemy was in ancient times, and it was practised in Iraq, Egypt, China, Japan, Romania and the Roman empire. This science dominated for nearly 2500 years .Throughout history, the main goal of alchemy was the conversion of metals into gold and to find the Philosopher's Stone, which grants its owner immortality. The Europeans had a goal to create gold, but the Chinese goal was used for the purpose of treatment and the pharmaceutical industry.
The chemists believed that gold co-ordinated all levels of the soul, body and mind, and it was used for cases of mental instability and treatment of cases of psychological and emotional disturbance. They believe it also gave immortality .
For more than 5000years,Egyptians used gold in dentistry because of gold's ability to resist high-killed bacteria.  It was used in the manufacture of ornaments and decorations such as jewelry
Modern Development :-

Nowdays, gold is used in many fields, medical and financial, the computer industry and electronics.                                                                                                                              

Most gold is used in the manufactuere  of  jewllery. More than 78% of gold used every year is used for the manufacture of  jewelry.
In the medical field, gold is used as a drug to treat a small number of medical corditions.

In the financial field,  gold used as financial banking currency held in the  from of gold bars. Today many countries and individuals hold investment in gold in the from of bullion.
In the computer field, gold is used in many places such as the standard desktop or laptop it is also used edge connectors used to mount microprocessors and memory chips onto the motherboard .The plug and socket connectors used to attach cables all contain gold.  

In the electronics field a small amount of gold is used in almost every electronic device.  Those  include cell phones, calculators and other small electronic devices. One billion cell phones are produced each year and most of them contain about fifty cents worth of gold.

The most  important use of gold is for reserve currency. Because the gold is a conductor of electricity and has a high resistance to rust and corrosion it also became of great importance in the manufacture of electrical circuits.
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History of gold The