Current Gold Prices & Useful Gold Information.

Current Gold Prices

based on price per gram.

Date: 2010-07-31 22:56:06

Country & Currency

Ask Price

Bid Price

Argentine Peso

120.0895

119.6081

Australian Dollar

42.0522

41.9976

Brazilian Real

66.7354

66.2991

Canadian Dollar

39.1516

39.0995

Colombian Peso

83218.73

82876.7711

Euro

29.1271

29.0835

Hong Kong Dollar

295.6125

294.9827

Indian Rupee

1764.2781

1762.4061

Indonesian Rupiah

341862.0565

341572.9309

Kuwaiti Dinar

10.3705

10.3427

Malaysian Ringgit

121.1311

121.0286

Mexican Peso

481.0993

480.3126

New Zealand Dollar

52.5824

52.5379

Peruvian Nuevo Sol

108.3276

108.236

Philippine Peso

1735.2688

1733.8012

Pound Sterling

24.2345

24.1951

Rand

277.6542

276.9142

Russian Rouble

1150.7153

1149.3623

Singapore Dollar

51.7498

51.7061

Swedish Krona

275.0616

274.829

Swiss Franc

39.6154

39.5515

Turkish Lira

51396337.788

50973041.0588

United States Dollar

38.015

37.9828

Vanuatu Vatu

3840.2796

3837.0317

Yen

3287.921

3283.621

Yuan Renminbi

257.5329

256.9352

Data by Digital Gold Currency Standards Consortium (DGCSC)

Programming by me :)

Buying Gold in the Middle East can be as easy as buying a pint of milk in your local store.

In the Middle East, gold has always been seen to be a valuable currency, often given as part of the marriage dowry or to celebrate a birth.  A walk around the gold souq is a magical experience and one that shouldn't be missed.

Unlike Europe, the gold sold in Bahrain usually starts at 18 kt going to 24 kt. 

Gold jewellery is sold by weight at the current price and there are bargains are to be had so don't be afraid to haggle!

Gold

Gold is a chemical element with the symbol Au (Latin: aurum, "shining dawn") and an atomic number of 79. Since 2009 approximately 161,000 tonnes (8,333.33 cubic metres) of gold have been mined in human history.

Since the beginning of recorded history, gold has been highly sought after by people and used in jewellery, religious ceremonies & coinage.

Gold is also used in many modern industrial processes and can be found in industries as diverse as dentistry, electronics, computing, jewellery & fashion.

Gold is very resistance to oxidative corrosion (rust) & an excellent conductor of electricity which is why it is used in high end electronics & Super computers.

Gold occurs as nuggets or grains in rocks, in veins and in alluvial deposits and was traditionally mined using a pan & running water.

Pure Gold has a bright yellow colour & dulls as various amounts of copper and silver are added. It is also dense, soft, shiny and the most malleable and ductile pure metal known which makes it a great material for making intricate jewellery.

Chemically

Pure gold can be dissolved by the use of aqua regia (a mixture of acids), forming chloroauric acid, but not by the individual acids, and by alkaline solutions of cyanide. Nitric acid on its own, which dissolves silver and base metals does not dissolve gold. Nitric acid in combination with other chemicals is used to help determine if there is gold present in an item, hence the origin of the colloquial term "acid test", referring to a gold standard test for genuine value.

 

Gold Facts

Considered to be the noblest of all metals and deeply embedded in the human psyche, gold is replete with bewitching versatility, opulence and glamour.

Of all the world's precious metals only gold combines lustrous beauty, easy workability, rarity and individual indestructibility.  The obsession for gold can easily be summed up in these famous remarks 'more men have been knocked off balance by gold than love!'

Qualities and Characteristics of Gold

Over the ages no other metal has fascinated mankind as has gold and it has inspired some of the world's most brilliant and intricate craftsmanship.  Gold is so soft and malleable that one ounce can be hammered into a sheet so thin it can cover a 16 sq meters area.  Gold is virtually indestructible as it does not rust, tarnish or corrode.  Coins found in sunken galleons are as bright and shinny as the day they were cast.

Technical Data for Gold

The weight of gold is usually expressed in troy ounces. (1 troy ounce = 1.097 ordinary ounces). The purity of gold articles is generally described in three ways: percent (parts of gold per 100), fineness (parts of gold per 1000) and karats (parts of gold per 24).

The Different Colours of Gold

24 karat gold has the natural warm colour of pure gold and its colour cannot be changed without changing the purity to less than 24 k. Other colours of gold can be made by changing the composition of the alloy in the making of the jewellery.  Pink gold for example is made by adding more copper in the alloy composition of the gold.  Likewise Green gold is more of 2inc and silver and white gold is more of nickel. A surface colour can also be given to gold articles by electroplating. However this can only be a surface finish and will be worn off over a period of time.

More Gold information

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