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About Gold JewelleryThroughout history, gold has been treasured for its natural beauty and radiance. For this reason, ma...
29/05/2022

About Gold Jewellery
Throughout history, gold has been treasured for its natural beauty and radiance. For this reason, many cultures have imagined gold to represent the sun.
Colour
Yellow gold jewellery is still the most popular colour, but today gold is available in a diverse palette. The process of alloying—mixing other metals with pure 24 carat gold—gives malleable gold more durability, but can also be used to change its colour.

White gold is created through alloying pure gold with white metals such as palladium or silver. In addition it is usually plated with rhodium to create a harder surface with a brighter shine. White gold has become the overwhelming choice for wedding bands in the US.

The inclusion of copper results in the soft pink complexion of rose gold while the more unusual colours such as blue and purple can be obtained from the addition of patinas or oxides on the alloy surface. Black gold for example derives its colour from cobalt oxide.

The Classical Gold StandardThe Gold Standard was a system under which nearly all countries fixed the value of their curr...
29/05/2022

The Classical Gold Standard
The Gold Standard was a system under which nearly all countries fixed the value of their currencies in terms of a specified amount of gold, or linked their currency to that of a country which did so. Domestic currencies were freely convertible into gold at the fixed price and there was no restriction on the import or export of gold. Gold coins circulated as domestic currency alongside coins of other metals and notes, with the composition varying by country. As each currency was fixed in terms of gold, exchange rates between participating currencies were also fixed.

Gold’s Role as Money and the Gold StandardThe history of gold is long connected with money, but gold relinquished this r...
29/05/2022

Gold’s Role as Money and the Gold Standard
The history of gold is long connected with money, but gold relinquished this role in developed economies after the outbreak of the Second World War. At the end of the war, the Bretton Woods monetary system, a regime of fixed exchange rates, was created. This system broke down in 1971 when the US unilaterally ended its gold standard, which set the convertibility of gold and the dollar to US$35 per ounce.

References to the Gold Standard often refer to two key periods in history: that of the Classical Gold Standard and that of the post Bretton Woods gold-pegged exchange rate system.

29/05/2022

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