ABOUT GOLD

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TOP 10 FACTS ABOUT GOLD

  • 1) The name gold originated from the old English anglo saxon word geolo meaning yellow . The term karat denotes purity 24 karat means 100% , 18 karat means 75%, 12 karat means 50%.
  • 2) An single ounce of gold can be drawn into 60 miles long.
  • 3) Gold is so heavy that a cubic foot of it weighs half a ton.
  • 4)One ounce gold nugget is more rare than a five carat diamond .
  • 5)All the gold in the world could be compressed into 18 yard cube.
  • 6) In every cubic metre of sea water 25 tons of gold is present. That is around 10 billion tons of gold is there in the ocean. However there is no known way to economically recover it.
  • 7) More steel is poured out every hour than the gold dug up throughout the history.
  • 8) India is the world largest consumer of gold .
  • 9)Two third of the world gold comes from SOUTH AFRICA .
  • 10) It is believed that eighty percent o f world gold is still buried under the ground.
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