Gold has been around for thousands of years, but do you know a lot about them? In this post, we will give you some interesting facts about gold that you might not know.

1. Gold comes from outer space

Unlike other precious metals, gold comes from space. So we can call gold “an alien” compare to other metals.

Scientists believe all the gold on Earth were formed in supernovae and neutron star collisions, which occurred before the solar system formed (Thoughtco).

So how does gold end up on earth? Around 4 billion years ago, asteroids struck the Earth, causing gold to surface to the mantle and crust. Since gold is heavy, the majority of it sank in the ocean. According to the National Ocean Service, our oceans hold some 20 million tons of gold (Atlas).

2. Gold is edible

Gold is edible in small quantities. In some Asian countries, gold is added to food such as fruit and sweets. Also, you can find gold leaves in many variations of liquors around the world. Furthermore, gold can also be found as an ingredient in some medicines.

3. Olympic gold medals are mostly silver

These are not really facts about gold, but they are interesting facts about Olympic gold medals. According to the International Olympic Committee (IOC), gold and silver medals are required to be at least 92.5 per cent silver. A minimum of at least 6 grams of pure gold is required for the plating of the gold medals.

But this was not always the case. If you won a gold medal at the Olympics up until 1912, you would have received a medal made from solid gold. The value of gold in one of those medals in current terms would be $13,000 (Canberra Times).

Therefore with around 1,700 gold medals is given out in the Olympics, It is only sensible to lower the gold content in the medals to cut down on costs.

Have any old jewellery or silverware sitting around? You will be surprised at how much you can get for them.

Here at The Gold Company, we buy all kinds of precious metals and stones in any form. Diamonds, Gold, Silver, and Platinum,… You name it. We also offer a FREE valuation for your precious metals and stones. If you want to sell it to us, awesome. But if not, no questions asked.

We offer a contactless solution for valuing your jewellery. Our award-winning GoldPak combines the ease of remotely selling gold, silver and all precious metals with the security, attention and personal service you would expect of a face-to-face transaction. Plus, it is COMPLETELY FREE.

Any questions please don’t hesitate to give us a call or send us an email at:

Phone: 02 9020 5150 

Email: info@goldcompany.com.au


0 Comments

Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *