What is gold essay?

Gold is a soft, dense, yellow metal. It is a chemical element. Its chemical symbol is Au. Its atomic number is 79. As a precious metal, it has been used for many thousands of years by people all over the world, for jewelry, and as money.

What is the importance of gold?

Its usefulness is derived from a diversity of special properties. Gold conducts electricity, does not tarnish, is very easy to work, can be drawn into wire, can be hammered into thin sheets, alloys with many other metals, can be melted and cast into highly detailed shapes, has a wonderful color and a brilliant luster.

What is known as Gold?

Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally. In a pure form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal.

Who used gold first?

Electrum (the natural alloy of gold and silver) was used in jewellery by the Egyptians from 5000 BCE. Gold jewellery was worn by both men and women in the Sumer civilization around 3000 BCE and gold chains were first produced in the city of Ur in 2500 BCE.

What are 5 interesting facts about gold?

Gold Facts

Gold is a chemical element.
Compared to other metals, gold is less chemically reactive.
Gold is a good conductor of electricity and heat.
Gold is shiny, soft and dense.
Gold is malleable enough for just 1 gram to be hammered into a sheet 1 square meter in size.

Which country is famous for gold?

China

Which country has cheapest gold?

Hong Kong

How much gold can a person own?

CBDT has clarified the prescribed quantity of gold considered allowable. Gold within this limit will not be seized even at the time of search at the assessee’s premises. A married woman can have up to 500g of gold. An unmarried woman can have up to 250g of gold.

Which country Diamond is best?

Top five diamond mining countries in the world

Russia. Home to arguably the richest and largest diamond resources in the world, Russia tops the list with more than 12 open-pit mines.
Botswana. Africa’s top diamond producer, Botswana sits second in this global list.
Democratic Republic of Congo.
Australia.
Canada.

Which Diamond Cut is cheapest?

The cheapest diamond cuts that you can purchase are the Asscher diamond cut and the Emerald diamond cut. Asscher shapes and Emerald shapes are cheaper is because of two factors. When cutting the rough diamond, they lose more weight.

How much is 24 carat diamond worth?

A 24carat diamond with even the weakest cut, colour and clarity would cost you at least $200k. As again, it depends on the seller on what price he’d like to keep. Such large sized stones don’t usually sell in the public, they are sold in auctions such as the Christie’s auctions.

How can you tell a diamond?

To test a diamond in a different way, place it under a UV light and watch the reaction. Most diamonds will emit a blue colored glow, but not all of them. Some diamonds do not glow under UV light. For this reason, if the stone does not glow, the results don’t necessarily indicate that it’s a fake diamond.

What is the best diamond cut?

Top 10 Diamond Cuts

ROUND BRILLIANT DIAMOND. By far the most popular cut is the Round Brilliant, with it’s fifty-seven perfectly aligned facets it’s brilliance really does out-shine the others.
CUSHION CUT DIAMOND.
PRINCESS CUT DIAMOND.
EMERALD CUT DIAMOND.
OVAL SHAPE DIAMOND.
MARQUISE CUT DIAMOND.
PEAR SHAPE DIAMOND.
ASSCHER CUT DIAMOND.

How important is diamond cut?

A diamond’s cut determines how much light the stone reflects. The diamond may have great colour, clarity and carat, but if it reflects only a little light it will be dull and lifeless, while a diamond with a great cut will emanate fire, sparkle and allurement.

Which Diamond looks biggest?

What Diamond Cut Looks Biggest?

Oval Cut Diamonds. While the round cut diamond is the most popular cut, elongated shapes like oval actually appear larger.
Princess Cut Diamonds. Princess cut diamonds are another popular choice for engagement rings.
Which One is Bigger?

Does Diamond Cut matter?

Without brilliance and fire, a diamond is less than radiant—no matter the Carat weight or table size. In other words, a diamond’s Cut is the quality that most significantly impacts its beauty. That’s why the higher diamond cut prices are worth every penny—and it’s better to spend more on Cut than on Color or Clarity.

What is diamond cut gold?

Diamond cuts are nothing more than notches or grooves cut into the metal (Usually made by a jeweler’s chisel). That’s it! A type of finish on the metal, just like satin finish, matte finish or sandblasting. Diamond cuts are just a simple jeweler’s trick to make the outer metal surface glisten.

What types of cuts for diamonds?

Popular Diamond Shapes

Round Brilliant Cut Diamonds. The round brilliant cut is the most popular shape of diamond.
Princess-Cut Diamonds.
Marquise-Cut Diamonds.
Cushion-Cut Diamonds.
Emerald-Cut Diamonds.
Radiant-Cut Diamonds.
Pear-Shaped Diamonds.
Oval Diamonds.

What is diamond cut grade?

How GIA assigns a diamond cut grade. GIA evaluates a round brilliant diamond’s cut based on seven components – brightness, fire, scintillation, weight ratio, durability, polish and symmetry – to arrive at a GIA diamond cut grade, which ranges from Excellent to Poor.

Is very good cut diamond OK?

This means that you should choose a GIA “Excellent” or an AGS “Ideal”. Now, if you are really tight on budget, it’s okay to choose “Very Good” for GIA diamonds or “Excellent” for AGS. These grades will still be good, but the increase in brilliance when going for the best cut grade is, of course, much noticeable.

Which Diamond Cut is the best for sparkle?

Round Brilliant

What colors do diamonds reflect?

The way that diamonds reflect light is unique: the inside of a real diamond should sparkle gray and white while the outside should reflect a rainbow of colors onto other surfaces. A fake diamond, on the other hand, will have rainbow colors that you can see inside the diamond as well.

What’s more important cut or clarity?

Cut is the most important determinant of the overall appearance of a diamond. No Clarity grade can help a poorly cut diamond; however, an excellent cut diamond can have a lower color (G-H) or clarity (SI1-SI2) and still look quite beautiful due to its superior ability to create sparkle and brilliance. E VS1” diamond.

How do you know if it’s real gold?

If it sinks, it’s likely real gold. If it floats, it definitely isn’t real gold. Real gold will sink to the bottom because it’s denser than water. Gold will also not rust, so if you see any signs of rust you know your piece isn’t real gold, and there’s no worry about damaging your item if it is indeed real gold.