5 common uses of Gold |
Posted: July 15, 2017 |
Gold has been admired in almost all human cultures for as long as civilizations have been able to revere this precious metal, which is known for many of its qualities. Gold is extremely ductile, conducts electricity, doesn’t stain, blends and alloys well with other metals and can be easily broke down to sheets and wires. Gold has an unparalleled shine and luster even in its most original form. Because of these unique chattels, gold is used in many ways and forms in modern day living. Cited below are the most common 5 uses of this precious metal.
Finances and Investing Because of its high and standard return value it has been used as currency for centuries. Even now one of the safe gold investment is to buy gold bars people buy Gold bars and it is considered as a safe asset.It seems like the last few years everything has been aligned to bring gold as the most preferred investment, raising the precious metal steeply into popularity. Now, investors all over the world are swarming to add gold bars to their portfolio. In an indeterminate economy, gold has surfaced as a possible financial essential. People buy gold bars, gold coins and bullions as a common investment practice.
Dentistry and Medicine: Gold is considered as the best filling for cavities and crowns, bridges and other orthodontic appliancesbecause the metal is ductile and can easily take shapes. It is also chemically passive and doesn't react easily when missed with other metals. It is also easy to insert and is non allergic.Dentists have used gold as the best substitute for misplaced/ dislocated teeth for ages.
Electronics and Computers: Gold is of the top metals when it comes to being good conductors of electricity. It is able to carry electrical charges easily and because of this property this metal is found in small portions on many electrical devices like mobile phones. Television sets, GPS devices. It is also sometimes found in computers and laptops for transferring data quickly.
Medals and Statues: Gold being considered as a highly auspicious and precious metal it is used in the making of winner medals for popular world games, championships and awards. Its beauty holds significance and a permanent place in human eye. Because of its exceptional magnificence it is also used in the making of religious statues and Idols. Last but not the least and the most important consumption of gold is in:
Jewellery As per statistics about 80% of gold is converted into jewelry. It is the most standard use if gold and is common amongst all cultures. Because of its shine, luster and durable chattels it is believed to bring prosperity and wealth in most of the cultures especially Asians who convert gold jewelry into Bangles, Gold rings, and necklace for women etc. This precious metal is considered a treasured jewelry gift in Malaysia, illustrative of prosperity, affluence and success, and is often given during various occasions.
In case you are looking to buy gold jewellery, Gold rings, Diamond, Bangle Jewelry in Malaysia for gifting purposes or self use or even as a gold investment in Gold bars you can consider PohKong.
They are the leading jewellery brand in Malaysia, which has a wide collection of both traditional as well as contemporary jewellery of global standard. For more information about us kindly visit http://www.pohkong.com.my/
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