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Gold has been valued as a global currency

Gold has been valued as a global currency from thousands of year, a commodity, an investment and simply an object of beauty. While a sustained price rally, underpinned by the fact that demand consistently outstrips supply, is clearly a positive factor in this resurgence.

This website provides you with the background to these reasons and describes the defining characteristics of the gold market from an investor's point of view. As financial markets developed rapidly during the 1980s and 1990s, gold receded into the background and many investors lost touch with this asset of last resort. There are many reasons why people and institutions around the world are once again investing in gold.

About Gemstone

Gems are silicates which can be very stable, hard minerals. Like gemstones, one of the characteristics of a precious metal is its rarity. A few gems are oxides and only one gem, diamond, is composed of a single element, carbon. Often, new names will be created for ordinary sounding minerals which sound prettier or more valuable, such as Moldavite for the green variety of tektites.

It could not be "precious" if it were common! This means that the metal must be malleable, that it can be bent, hammered, or otherwise shaped. Two other characteristics are also important. There are also many gemstones that are not true minerals, but which are gemstone varieties of recognized minerals.

A gemstone is a stone that is beautiful

A gemstone is a stone that is beautiful, rare, and durable resistant to abrasion. Today, finer gemstone specimens are available to the average person than at any time in history.

Nowadays such a distinction is no longer made by the trade. Rare or unusual gemstones, generally meant to include those gemstones which occur so infrequently in gem quality that they are scarcely known except to connoisseurs, include andalusite, cassiterite and bixbite. Some minerals can be very beautiful, but they may be too soft and will scratch easily (such as the mineral fluorite). Fluorite is extremely colorful and pretty but has a hardness of only 4 on the hardness scale and has four perfect cleavage directions, which makes it only an oddity as a cut gem.


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Last Updated : 15/12/2019 19:38:12