{"id":12696,"date":"2024-10-31T09:47:41","date_gmt":"2024-10-31T09:47:41","guid":{"rendered":"https:\/\/lxme.in\/?p=12696"},"modified":"2024-11-07T07:53:29","modified_gmt":"2024-11-07T07:53:29","slug":"interesting-facts-about-gold","status":"publish","type":"post","link":"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/","title":{"rendered":"7 Interesting Facts About Gold"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#1_The_Journey_Of_Gold_From_1964_to_2024\" >1. The Journey Of Gold From 1964 to 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#2_Skip_the_Jewelry_Keep_the_Gold_Invest_in_Gold_Electronically\" >2. Skip the Jewelry, Keep the Gold: Invest in Gold Electronically<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#3_Gold_Traditions_Celebrations_A_Timeless_Tradition_for_Lifes_Special_Moments\" >3. Gold, Traditions &amp; Celebrations: A Timeless Tradition for Life\u2019s Special Moments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#4_Gold_is_So_Soft_That_It_Can_Be_Easily_Bent_With_Hands\" >4. Gold is So Soft, That It Can Be Easily Bent With Hands:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#5_Why_Gold_Shines_Bright_When_Markets_Are_Volatile_A_Safe_Haven_for_Your_Wealth\" >5. Why Gold Shines Bright When Markets Are Volatile: A Safe Haven for Your Wealth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#6_Golden_Cure_Plays_a_Role_in_Medicine\" >6. Golden Cure: Plays a Role in Medicine<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#7_Gold_on_Your_Plate_Gold_is_Edible_and_Used_in_Luxury_Foods\" >7.&nbsp; Gold on Your Plate: Gold is Edible and Used in Luxury Foods<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#What_are_the_key_historical_uses_of_gold\" >What are the key historical uses of gold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#Why_is_gold_considered_a_safe_investment_during_economic_downturns\" >Why is gold considered a safe investment during economic downturns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/#How_is_the_value_of_gold_determined_in_the_market\" >How is the value of gold determined in the market?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>Gold, the shiny yellow metal holds a special place in every woman\u2019s life, from the jewelry handed down by our grandmothers to that special piece we buy to mark life\u2019s big moments &amp; wins. However, gold is not just a symbol of beauty and security but also it has a rich history, unique qualities, and some smart ways to invest in it. Let\u2019s go through some interesting gold facts that will make you look at gold in a whole new way!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_The_Journey_Of_Gold_From_1964_to_2024\"><\/span><strong>1. The Journey Of Gold From 1964 to 2024<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 1964, the cost of 10 grams of gold price was only about \u20b963 in India. Today, that same 10 grams cost more than \u20b980,000. This is why gold is known as a \u201cstore of value\u201d over a long period it tends to increase in value, protecting your money from losing its worth due to inflation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail46\" target=\"_blank\" rel=\"noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"108\" src=\"https:\/\/lxme.in\/wp-content\/uploads\/2024\/10\/Web-Blog-Banner-03-4-1024x108.jpg\" alt=\"\" class=\"wp-image-12582\" srcset=\"https:\/\/lxme.in\/v1\/wp-content\/uploads\/2024\/10\/Web-Blog-Banner-03-4-1024x108.jpg 1024w, https:\/\/lxme.in\/v1\/wp-content\/uploads\/2024\/10\/Web-Blog-Banner-03-4-300x32.jpg 300w, https:\/\/lxme.in\/v1\/wp-content\/uploads\/2024\/10\/Web-Blog-Banner-03-4-150x16.jpg 150w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Skip_the_Jewelry_Keep_the_Gold_Invest_in_Gold_Electronically\"><\/span><strong>2. Skip the Jewelry, Keep the Gold: Invest in Gold Electronically<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Gone are the days when you had to buy physical gold to invest in it. Now, it\u2019s a digital era where we do online shopping for groceries, clothes, etc. So, we can invest in gold smartly &amp; electronically too, through options like <strong>Gold Mutual Funds<\/strong>, <strong>Sovereign Gold Bonds (SGBs), and Gold ETFs<\/strong>. These options let you invest in gold without the hassle of bearing multiple costs like GST, making &amp; design charges, storage &amp; insurance charges, and also risks are involved like risk of purity&nbsp;<\/p>\n\n\n\n<p>You can start investing in expert-curated gold mutual funds through <a href=\"https:\/\/lxme.onelink.me\/95JV\/homefeed21\" target=\"_blank\" rel=\"noreferrer noopener\">Lxme<\/a> with just <a href=\"https:\/\/lxme.onelink.me\/95JV\/portfoliodetail46\" target=\"_blank\" rel=\"noreferrer noopener\">Rs.100<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Gold_Traditions_Celebrations_A_Timeless_Tradition_for_Lifes_Special_Moments\"><\/span><strong>3. Gold, Traditions &amp; Celebrations: A Timeless Tradition for Life\u2019s Special Moments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Buying old is deeply rooted in Indian culture, especially during festivals like Akshaya Tritiya and Diwali, and important life events like weddings, big wins, etc. For women, gold is often given as a gift to symbolize love, prosperity, protection, and, making it a meaningful part of traditions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Gold_is_So_Soft_That_It_Can_Be_Easily_Bent_With_Hands\"><\/span><strong>4. Gold is So Soft, That It Can Be Easily Bent With Hands:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pure gold is incredibly soft and can easily be bent, scratched, or reshaped with hands. To make it durable enough for jewelry, it\u2019s often mixed with other metals like copper or silver. This is why we have different purity of gold like 22k, 18K, or 14K gold these are a mix of gold and other metals, making jewelry long-lasting.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Why_Gold_Shines_Bright_When_Markets_Are_Volatile_A_Safe_Haven_for_Your_Wealth\"><\/span><strong>5. Why Gold Shines Bright When Markets Are Volatile: A Safe Haven for Your Wealth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/lxme.in\/gold\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gold investments<\/a> often keeps its value even when markets are unpredictable, making it a go-to investment when your equity investments are volatile. Gold market &amp; equity markets have an inverse relationship, that means when equity markets fall, gold prices rise &amp; when gold prices fall, the equity market rises. Ideally, one should invest 5%-10% of their portfolio in gold.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Golden_Cure_Plays_a_Role_in_Medicine\"><\/span><strong>6. Golden Cure: Plays a Role in Medicine<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Gold is used in certain medical treatments like Rheumatoid arthritis, gold alloys are used in implants in various fields of medicine, etc. Gold nanoparticles are used to deliver medicines directly to cancer cells, showing that gold\u2019s value goes beyond wealth and beauty.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Gold_on_Your_Plate_Gold_is_Edible_and_Used_in_Luxury_Foods\"><\/span><strong>7.&nbsp; Gold on Your Plate: Gold is Edible and Used in Luxury Foods<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Gold is safe to eat in small amounts. Edible gold leaf and dust are used in exclusive restaurants around the world to add a touch of luxury to dishes and drinks. This \u201cfood-grade\u201d gold doesn\u2019t react chemically in the body, so it\u2019s purely for show.<\/p>\n\n\n\n<p>These are a few of the interesting gold facts. gold is more than just a shiny metal; it\u2019s a piece of history, a family legacy, and a smart investment option. From being a tradition in celebrations to now having electronic ways to invest, gold remains a constant in our lives.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1730367276224\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_the_key_historical_uses_of_gold\"><\/span><strong>What are the key historical uses of gold?<\/strong><br><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Historically gold is used for jewelry, currency, religious artifacts, and as an investment and due to its beauty, value, preciousness, durability, and unique properties.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1730367290383\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Why_is_gold_considered_a_safe_investment_during_economic_downturns\"><\/span><strong>Why is gold considered a safe investment during economic downturns?<\/strong><br><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Gold investment is considered as a safe haven, as it protects your investments against inflation &amp; market volatility. Ideally, one should invest 5%-10% in gold.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1730367303423\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How_is_the_value_of_gold_determined_in_the_market\"><\/span><strong>How is the value of gold determined in the market?<\/strong><br><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The value of gold is determined by demand &amp; supply, influenced by factors like economic conditions, interest rates, currency strength, and geopolitical conditions.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"What are the key historical uses of gold?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"Historically gold is used for jewelry, currency, religious artifacts, and as an investment and due to its beauty, value, preciousness, durability, and unique properties.\"\n    }\n  },{\n    \"@type\": \"Question\",\n    \"name\": \"Why is gold considered a safe investment during economic downturns?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"Gold investment is considered as a safe haven, as it protects your investments against inflation & market volatility. Ideally, one should invest 5%-10% in gold.\"\n    }\n  },{\n    \"@type\": \"Question\",\n    \"name\": \"How is the value of gold determined in the market?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"The value of gold is determined by demand & supply, influenced by factors like economic conditions, interest rates, currency strength, and geopolitical conditions.\"\n    }\n  }]\n}\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Gold, the shiny yellow metal holds a special place in every woman\u2019s life, from the jewelry handed down by our grandmothers to that special piece we buy to mark life\u2019s big moments &amp; wins. However, gold is not just a symbol of beauty and security but also it has a rich history, unique qualities, and <a href=\"https:\/\/lxme.in\/v1\/interesting-facts-about-gold\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  7 Interesting Facts About Gold<\/span><\/a><\/p>\n","protected":false},"author":10,"featured_media":12697,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[653],"tags":[791,789,790],"class_list":["post-12696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold","tag-exciting-facts-about-gold","tag-facts-about-gold","tag-gold-history"],"acf":[],"_links":{"self":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/12696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/comments?post=12696"}],"version-history":[{"count":1,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/12696\/revisions"}],"predecessor-version":[{"id":12698,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/12696\/revisions\/12698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media\/12697"}],"wp:attachment":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media?parent=12696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/categories?post=12696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/tags?post=12696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}