Thursday, July 2, 2009

Many Uses of Gold

Since the beginning of recorded time, investment in gold has been a common practice. In addition to being a metal that has long been appreciated for its value in terms of being an ornament, people have long considered it one of the most valuable assets to hold their personal wealth.

Gold has historically been used in jewelry, though in recent decades in the United States this trend has been on the decline. The biggest consumers of this metal are currently industry and dentistry, totaling 11% of total demand. It is suitable for industry because of its malleability, its resistance to corrosion, and excellence in conducting electricity. These features make it an important component of televisions and computers.

Gold is a very popular item around the world, and has a variety of different normal uses by different cultures. There are so many uses for it that it might take a book to explain each one in detail. Gold is most commonly thought to be used for jewelry and collecting, but in actuality, a large amount of the gold in the world is used for investing.

When we talk about gold, we often start at a point where we don't know that there is a difference between commercial gold and pure gold. Usually, pure gold is very soft and is combined with some metals to make jewelry. The best thing about gold jewelry is that they are easy to maintain and are durable. Gold comes in different shapes and color based on the other metals it is combined with during melting. When we talk of measuring its purity, gold is measured in grams and its prices are fixed depending on its purity, weight and make. If we go for designer gold jewelry, it is somewhat costlier for their unique features that hold intrinsic value. Even though there are fluctuations in prices, popularity has still placed it in demand as a precious item. There is a wide variety of gold jewelry including but not limited to, chains, necklaces, bangles, bracelets, earrings, anklets, rings etc.

When we think about giving something precious to our loved ones then gold jewels can be a wonderful and memorable gift. Among gold jewels, gold chains rank the highest position in sales. Every woman in the world wants to wear a gold chain not only for beauty, but as a symbol of status. In recent years machine made gold jewelry has taken off, it is often considered to be much better than the handmade jewelry. The designs made by a machine made gold jewelry are very beautiful, and the standard are precise. This technology has also given plenty of gemstones embedded gold jewelry flexibility to match any color.

Gone are the days when you used to go out in the market and buy gold jewelery. Now a days there are many sites which are offering gold online, you can just log on to the web site, where you will find a catalog consisting of all the gold items with their prices.


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