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The Most Sought After Metal on Earth


 -- Published: Wednesday, 26 February 2014 | Print  | Disqus 

THE 2014 GOLD SERIES: PART 1 OF 5

THE 2014 GOLD SERIES: PART 1 OF 5

“The Most Sought After Metal on Earth” Presented by: Goldcorp

This infographic, part one in our 2014 Gold Series, introduces the yellow metal and tells the story of how it became the most sought after metal on earth.

Gold was one of the first metals discovered by ancient peoples and eventually gold grew to symbolize both wealth, royalty, and immortality. Gold began to be used as money by many cultures, but the Romans were the first to use it widespread. The rarity, malleability, durability, ease to identify, and intrinsic value of gold made it perfect for money.

While many civilizations throughout the world used gold for money, eventually its role would change with the coming of the gold standard system. In modern history, gold was shaped by events such as Roosevelt’s confiscation order in 1933 and President Nixon ending the direct convertibility of gold to US dollars in 1971. Although gold is no longer the basis of the modern monetary system, there is more gold demand today than ever before.

Part 2 of The 2014 Gold Series on gold supply, geology, and mining will go out at the end of March 2014. Click here to make sure you are on our free mailing list to receive it. - See more at: http://www.visualcapitalist.com/the-gold-series-the-most-sought-after-metal-on-earth-part-1-of-5#sthash.DBhKg9El.dpuf

 


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 -- Published: Wednesday, 26 February 2014 | E-Mail  | Print  | Source: GoldSeek.com

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