Alberta Gold Equipment: Why is gold valuable?

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Considered as one of the most valuable metals in the world, gold provides a lot of uses & benefits in the various aspects of human life. They are known as the symbol of sophistication and class, especially in the jewellery industry. Without gold, the world would not experience the advancements in different fields it has today.

There’s no denying that gold has been the most respected metal in the course of history. It has shaped human lives for the better because of its great properties. Aside from sophistication, gold also symbolizes power, accomplishment & beauty.

If you’ve ever wondered why gold remains valuable over the years, here are the reasons why:

Jewellery

Did you know that 78% of the gold that is mined is used in making jewellery? Because of its shiny look, gold is usually converted to ornamental objects and jewellery such as necklaces, bracelets and rings. Gold is also known for its malleable properties which means it can be formed into different shapes, making it a perfect choice for jewellery manufacturers.

Since gold is connected to power, it has also been used by the most powerful people in maintaining tradition & success. This is why most of them only wear jewellery made out of gold to represent power and authority.

Medals

Because gold is deemed to be one of the most valued metals, it serves as the representation of success in competitions. It is the highest symbol of status especially in the multi-sports events such as the Olympic Games and Asian Games. If a contestant is handed a golden trophy or a medal, they are hailed as the winners of an event. 

Even in academics, most institutions reward their best students with a gold medal to acknowledge their excellence and talent. Once you receive a gold medal in your life, it can be the most rewarding feeling in the world.

Electronics

Did you know that without gold, your favourite gadgets will not work at all? Because gold is great at conducting electricity, it is used in laptops and computers to transfer information. You can also find gold in wires and connectors that you use every day at work. 

Believe it or not, gold can also be found in your home appliances such as microwaves, televisions, refrigerators and kitchen stoves. Even your mobile phones contain gold! This goes to say that gold has helped a lot in technological advancements, making lives a lot more convenient. 

Dentistry

Gold is so versatile that it is also known to be used in dentistry. It has played a crucial role in the success of the dental industry since gold alloys are used for bridges, crowns and fillings. This helps people gain an aesthetic appeal and get back the perfect smile they once had. 

Gold is also known to be non-toxic, that’s why most dentists have used this metal to aid them in dental treatments. Aside from that, gold will not rust inside your mouth, protecting you from potential health issues.

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