Gold Facts

  • Gold  is an element
  • Symbol Au (Latin: aurum)
  • Atomic number 79
  • Mohs hardness 2.5
  • Density 19.3
  • Crystal structure- isometric
  • Gold is the most malleable and ductile of all metals; a single troy ounce can be hammered into a sheet of 9 square meters, or  into 96.9 square feet.
  • One Troy ounce can be drawn into 80Km or 50Mi. of wire.
  • Estimates of all gold ever mined range from 120,000 to 158,000 tonnes, or a cube 20m square.
  • Divided amoung the earths population, there are about 23g per person, or $670 @ $900/oz gold.
  • In March 2008, the gold price rose above $1000, which adjusted for inflation, is still well below the $850/oz. peak on January 21, 1980. Indexed for inflation, the 1980 high would equate to a price of around $2400 in 2007 US dollars.

 

 

 
 
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