The physical state of aluminum is dependant on the temperature. This metal exists as a solid at temperatures below its melting point of 1220.58 degrees Fahrenheit, at which it becomes a liquid. At temperatures above 4566 Degrees Fahrenheit, aluminum becomes a gas.

Chemically, aluminium is a weak metal in the boron group; as it is common for the group, aluminium forms compounds primarily in the +3 oxidation state.

Gold is the most malleable (something is malleable when it is easily beaten into a thin film) element there is. Gold is also extremely ductile (something is ductile when it is capable of being drawn out as a wire under tension without breaking.) Pure gold is also a very soft metal.

On Earth, gold is found in ores in rock formed from the Precambrian time onward. It most often occurs as a native metal, typically in a metal solid solution with silver (i.e. as a gold silver alloy).

The USA

An international team of geologists led by the University of Arizona has discovered that the gold is around 3 billion years old – older than its surrounding conglomerate rock by a quarter of a billion years.

the Welcome Stranger

Experts have estimated that we have less than 55,000 tons of gold left to discover. Even so, we cannot be sure how much of this amount is extractable. We know that the earth’s crust is gold in a proportion of about four parts per billion.

around 3,000 B.C.

Prisoners of war, criminals, and slaves were sent into gold mines to dig for precious metals. These ancient wars were not always over currency — as most of the time they were about religion and land — but gold was the primary enabler of these kingdoms to push harder and harder against one another.

In most ancient cultures gold was popular in jewellery and art because of its value, aesthetic qualities, ductility and malleability. The value and beauty of gold made it an ideal material for particularly important political and religious objects.

Gold Discovered in California. Many people in California figured gold was there, but it was James W. Marshall on January 24, 1848, who saw something shiny in Sutter Creek near Coloma, California.

Gold has unique physical chemical characteristics that made it very valuable. Gold is the most maleable and ductile of all the metals. Gold has the highest corrosion resistance of all the metals and it is corroded only by a mixture of nitric and hydrocloric acid. Gold is a noble metal because it does not oxidize.

During the formation of Earth, molten iron sank to its centre to make the core. This took with it the vast majority of the planet’s precious metals — such as gold and platinum. In fact, there are enough precious metals in the core to cover the entire surface of Earth with a four-metre thick layer.

Today, the demand for gold, the amount of gold in the central bank reserves, the value of the U.S. dollar, and the desire to hold gold as a hedge against inflation and currency devaluation, all help drive the price of the precious metal.

Gold prices first crossed the $1,900 mark in after-hours electronic trading Monday. Early Tuesday, prices hit an all-time high of $1,917.90 an ounce, before pulling back to about $1,880.

More so, the factors that impact the future gold’s price prediction are only going to get more relevant with the Covid-19 crisis and the ongoing need for a safe haven asset….Summary: What Is The Future Of The Gold.

Gold Prices – 100 Year Historical Chart

In other words, gold is a safe-haven investment during times of economic recession and a worthwhile store of value during expansionary periods. Expect a moderately bullish year for gold in 2020 as it likely breaks beyond the $1,700 barrier and toward all-time highs in the year following.

916 Gold Rate in 2020

Analysts remain bullish on gold prices and expect the price of the yellow metal to rise due to favourable macroeconomic conditions. It may be noted that the price of the precious yellow metal fell in India at the end of 2020 after rising to a record high last year during the peak of the Covid-19 pandemic.

Based on gold prices at the end of 2020, Hong Kong may be the cheapest country to buy gold from, going by listed face value prices. According to sovereignman.com, it’s possible to easily purchase gold in Hong Kong at a lower premium than what’s common in other countries.

Some industry experts are predicting that gold could be worth anywhere from $3,000–$5,000 per ounce in the next 5–10 years! For those who think gold prices will increase, they cite that people are now recognizing the value of gold, which will increase the demand, therefore increasing the value.