GLISTENING FACTS ABOUT GOLD THAT MIGHT JUST AMAZE YOU
Added on: 8th Nov 2016
THE WORLD’S FIRST GOLD VENDING MACHINE
WAS UNVEILED IN MAY 2010. LOCATED IN AN
ULTRA-LUXURY HOTEL IN ABU DHABI, THE
VENDING MACHINE ITSELF IS COVERED IN
TWENTY-FOUR CARAT GOLD.
THE WORLD’S LARGEST GOLD BAR WEIGHS
250KG (551LB)
DUE TO BEING EXTREMELY RARE AND ITS
RIDICULOUSLY HIGH VALUE, MOST GOLD
DISCOVERED THROUGHOUT HISTORY IS STILL
IN CIRCULATION. FOR THAT MATTER, IT’S
ESTIMATED THAT ABOUT SEVENTY PERCENT
OF ALL GOLD IN CIRCULATION HAS BEEN
EXTRACTED IN THE PAST HUNDRED YEARS
BOTH THE GREEKS AND JEWS BEGAN TO
PRACTICE ALCHEMY IN 300 BCE. THE SEARCH
TO TURN BASE METALS INTO GOLD WOULD
REACH ITS PINNACLE IN THE LATE MIDDLE
AGES AND RENAISSANCE
IN ANCIENT EGYPT, GOLD WAS CONSIDERED
THE SKIN OR FLESH OF THE GODS,
PARTICULARLY THE EGYPTIAN SUN GOD RA.
CONSEQUENTLY, GOLD WAS UNAVAILABLE
TO ANYONE BUT THE PHARAOHS, AND ONLY
LATER TO PRIESTS AND OTHER MEMBERS OF
THE ROYAL COURT. THE CHAMBERS THAT HELD
THE KING’S SARCOPHAGUS WAS KNOWN AS
THE “HOUSE OF GOLD.”
IN 1511, KING FERDINAND OF SPAIN COINED THE
IMMORTAL PHRASE: “GET GOLD, HUMANELY IF
POSSIBLE—BUT AT ALL HAZARDS, GET GOLD.”
GOLD IS EDIBLE IN SMALL PORTIONS. SOME ASIAN
COUNTRIES PUT GOLD IN FRUIT, JELLY SNACKS,
COFFEE, AND TEA. SINCE AT LEAST THE 1500’S,
EUROPEANS HAVE BEEN PUTTING GOLD LEAVES
IN BOTTLES OF LIQUOR, SUCH AS DANZIGER
GOLDWASSER AND GOLDSCHLAGER. ALSO,
THE MOST EXPENSIVE BURGER IN THE WORLD
INCLUDES FLAKES OF GOLD
THE VALUE OF GOLD HAS BEEN USED AS THE
STANDARD FOR MANY CURRENCIES. AFTER WWII,
THE UNITED STATES CREATED THE BRETTON
WOODS SYSTEM, WHICH SET THE VALUE OF
THE US DOLLAR TO 1/35TH OF A TROY OUNCE
(888.671 MG) OF GOLD. THIS SYSTEM WAS
ABANDONED IN 1971 WHEN THERE WAS NO
LONGER ENOUGH GOLD TO COVER ALL THE
PAPER MONEY IN CIRCULATION
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