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The World’s Most Expensive Metal – Buy Gold Jewelry Here
If Diamond was a metal, it would be the most expensive metal in the world. But Diamond is not a metal. It is a carbon. It is one of the hardest materials known to man. The best relative of a diamond that you may have in your possession is a pencil lead. Diamond has a density of 3.5 grams per cubic centimeter. Diamonds are very expensive because diamonds are in high demand, diamonds are rare, and diamonds are precious. The price of Diamonds in the world markets is determined by carat, clarity, color and cut. The “cut” is art which plays a very significant part in pricing of Diamonds. The marketing strategies used by diamond dealers also determine the high price of diamonds – otherwise diamonds are just compressed carbon. Today, if a girl demands diamond ring or diamond jewelry from a husband-to-be, then that gentleman will have a hard task ahead of him. He will need to prepare himself with sufficient enough dollars to buy a diamond ring for the lady; else he will risk being considered not a total man.
The World’s Most Expensive Metal Is Rhodium
The World’s most expensive metal is Rhodium. Rhodium can cost as much as ten times the price of gold per unit weight. Rhodium may cost in the range of $5000 per troy ounce. Rhodium is an element that is very rare. Rhodium has a silvery-white color and is a member of the platinum group. Rhodium has a density of 12.45 g/cc3 whilst platinum has a density of 21.45 g/cc3.
Gold And Silver
The best known precious metals are gold and silver. They have been in use since the ancient times. They have high industrial uses and especially in art, jewelry and in coinage. Gold has a density of 19.3 g/cc3. Water has a density of 1.0 g/cc3. Compare - A 1 litre container full of water weighs 1 Kilogram. A 1 litre container full of gold weighs 19.3 Kilograms. So, you can see gold is very heavy per unit volume.
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Gold is a Symbol of Wealth and a Store of Value
Gold is tasteless and resistance to corrosion. Gold is soft, shiny and is the most malleable and ductile pure metal known to man. Gold when is pure has a bright yellow color and a luster which is traditionally considered attractive. It maintains these properties throughout ages as it does not oxidizing in air or water. Gold is a symbol of wealth and a store of value throughout man’s history. Gold standards have always provided basis for monetary policies in many governments.
Gold and Health
One good thing about gold is that pure gold is inert, non-toxic and non-irritating. Swallowing some little quantities of pure gold dust will not affect your health whilst swallowing some vapors of heavy mercury (density 13.6 g/cc3) will affect your health for the rest of your life.
Gold Symbolizes Power, Strength and Wealth
Throughout man’s history, gold has always been associated with symbolisms and ideologies. Gold is highly valued by many societies for as long as man’s history is known. The society will normally hold gold in the highest esteem. To many people, gold symbolizes power, strength, wealth, warmth, happiness, love, hope, optimism, intelligence, justice, balance, perfection and good harvest. Today, as has been in the past, man’s greatest achievements are rewarded with gold, in the form of gold medals and golden trophies.
Gold in the Art of Jewelry
Unlike diamond, gold is not a strong metal but it’s soft. Unlike diamond, gold is a very heavy metal. These are actually disadvantages of gold when we consider using gold in the art of jewelry. To use gold in jewelry, you have to overcome the properties of gold softness and its weight. To overcome these, gold is usually alloyed with strong base metals that are light in weight when making jewelry. By alloying with other metals such as copper you as well alter the gold jewelry’s hardness, ductility, melting point, color and other properties such as price.
What is the Meaning of Karat in Jewelry?
What is the meaning of karat in gold jewelry? The purest gold is 24 karat gold. The purest gold jewelry would have to be 24 karat gold. This jewelry would be very heavy as well as wear.
To work it out, you start by assuming that for every gold jewelry, there are 24 parts and the industry will label how many of those 24 parts is the weight of gold. If a jewelry necklace weighs 100 grams and it is labeled 18 karats, it means 18 parts out of 24 parts of that jewelry’s weight is gold. In this case its 18/24 x 100 which equate to 75 grams of that jewelry is gold. The most commonly used karats of gold in bullion, jewelry making and by goldsmiths are - 24 karat, 22 karat, 20 karat, 18 karat, 15 karat, 14 karat, 10 karat, 9 karat, 8 karat and 1 karat.
The Unknown Future and Gold Jewelry
This means that a gold jewelry that is 18 karats will most likely be more expensive than the one that is 10 karats because that jewelry contains more gold. But this may not necessary mean that jewelry is better because it has more gold. Some people will buy and keep jewelry with higher karat ratios as a means of saving so that in the event of the unknown future, they can resell the gold that is contained in the jewelry and get their money back. This can be at a profit or loss depending on the world prices of gold in that unknown future.
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