Industrial Material

Gold in Focus | What You Need to Know About the Precious Metal

Gold has long stood as a symbol of wealth, security, and timeless value. From ancient civilizations to modern-day investors, gold continues to play a vital role in global economies and individual wealth management. Whether used for jewelry, stored as bullion, or traded in the financial markets, its allure remains unmatched. Its value rises in uncertain times, making it a trusted hedge against inflation and market volatility.

Gold Specifications

FeatureDetail
Element NameGold (Au)
Atomic Number79
Purity Levels24K (99.9%), 22K (91.6%), 18K (75%), 14K (58.5%)
ColorYellow (Natural)
Melting Point1,064°C (1,947°F)
Boiling Point2,700°C (4,892°F)
Density19.32 g/cm³
MalleabilityExtremely high – can be beaten into thin sheets
ConductivityExcellent conductor of electricity and heat

Gold Pricing (Approximate – per 10 grams)

Country24K Gold Price (Approx.)
USA$600–$700 USD
UK£480–£580 GBP
UAEAED 2,200–2,500
India₹60,000–₹66,000 INR
PakistanPKR 210,000–240,000

Prices vary daily based on international market trends.

Popular Forms of Gold

FormDescription
JewelryCommon in 22K and 18K; used in ornaments
Coins24K minted coins for investment or collection
Bars/BullionInvestment-grade 24K gold bars
Digital GoldOnline/investment platform-based gold holdings
Gold ETFsExchange-traded funds backed by gold

Top Gold-Producing Countries

CountryAnnual Production (Approx.)
China~370 tonnes
Australia~330 tonnes
Russia~300 tonnes
United States~190 tonnes
Canada~170 tonnes

Reasons to Invest in Gold

ReasonBalances risk in the investment portfolio
Hedge Against InflationGold value typically rises during inflation
Portfolio DiversificationCan be held physically, unlike digital assets
Tangible AssetCan be held physically unlike digital assets
High LiquidityEasily sellable across global markets
Cultural & Traditional ValueHeavily used in weddings and gifts

Uses of Gold Beyond Jewelry

Use CaseIndustry
ElectronicsUsed in high-quality connectors
DentistryDental crowns & fillings
AerospaceSatellite components & coatings
MedicineAnti-inflammatory and diagnostic uses
InvestmentCoins, bars, ETFs

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