Gold is a valuable metal and one of the most commonly traded commodities in the world. Gold is a dense and soft metal that has a bright yellow color and is most commonly used for jewelry, decoration and as a means of financial transactions. Gold's symbol on the periodic table is AU and it is classified as a metallic element.
The most common application for gold is monetary exchange. Due to its rarity gold has been a means for trading and exchanging goods for many centuries. Most economies were once on a gold standard and all paper currencies were backed with the guarantee of gold. Most economies these days have come off the gold standard, however gold is still a very valuable commodity and is a popular long term investment due to the fact that the supply is limited on earth.
Xtra-Gold Intercepts 38 Metres of 2.67 g/ t Gold and 16 Metres of 4.88 g/ t Gold at its Kibi Gold Project in Ghana, West Africa.
Aug 31, 2011; Toronto, OntarioAugust 31, 2011) - Xtra-Gold Resources Corp. ("Xtra-Gold" or the "Company") (TSX: XTG) (OTCBB:...
Astur Gold and Gold-Ore Resources Announce $150 Million Merger Creating a European Leader in Gold Production, Development and Exploration.
Jan 04, 2012; Astur Gold Corp. (TSX-V: AST, Frankfurt: CDC) ("Astur Gold") and Gold-Ore Resources Ltd. (TSX: GOZ)...