Thursday, January 25, 2007

Gold

Gold is a extremely sought-after valuable metal that for many centuries has been used as money, a store of value and in ornaments. The metal occurs as nugget or grains in rocks and in alluvial deposits and is one of the coinage metals. It is a soft, glossy, yellow, dense, malleable, and ductile (trivalent and univalent) change metal. Modern manufacturing uses include dentistry and electronics. Gold forms the basis for a financial typical used by the International Monetary Fund (IMF) and the Bank for International resolution (BIS). Its ISO currency code is XAU.

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