The history of gold1

It was discovered by mankind in the Neolithic Age 4000-5000 years ago. The history of mankind's discovery and use of gold is earlier than that of metals such as copper and iron. Because of its good stability and rarity, gold has become a precious metal and is used as a wealth reserve by people. The author will talk about the history of gold today. It was discovered by mankind in the Neolithic Age 4000-5000 years ago. The history of mankind's discovery and use of gold is earlier than that of metals such as copper and iron. Because of its good stability and rarity, gold has become a precious metal and is used as a wealth reserve by people. The author will talk about the history of gold today. Owning gold has long been regarded as a symbol of wealth by people. Because of the unique natural metal characteristics of gold: the quantity is small and the total quantity remains stable, and it is not prone to artificial quantity expansion (paper currency can be easily printed to cause artificial quantity to increase at will) , It takes more labor to produce gold, so the unit value of gold is expensive. Gold also has good ductility, excellent physical stability, is not easy to corrode, and is easy to divide and carry. All of these determine that gold has become the most suitable commodity for currency in the human commodity society, that is, the general equivalent. Gold is used for other products. The standard for measuring the value of an item. Gold used to measure the value of other items can be traced back to ancient Egypt and ancient Rome. In modern times, it was used as a common currency to measure the value of other commodities. It was widely adopted by various emerging capitalist countries in the early 1619th century. The standard system or the duplicate standard system is a relatively mature and perfect system. There are two forms of the multiple standard system. One is the 'parallel standard' in which gold and silver coins circulate at their respective actual prices. For example, the British gold coin'Gini' and silver coin'shilling' are circulated at the same time according to the market price; One is the 'dual standard system' or 'two-currency system' in which the two currencies circulate according to the legal price ratio of the country, which is usually called the 'replicated standard system'. The United States and continental European countries have adopted this system. The advancement of special drawing rights is far below expectations. At present, gold is still the fifth largest hard currency internationally acceptable after the US dollar, the euro, the British pound, and the Japanese yen. The gold market is a global market that can be traded around the world 24 hours a day. Gold is easy to realize and can be quickly converted into any currency, forming a convenient swap relationship between gold, currency, and foreign exchange. This is an outstanding manifestation of the function of gold currency. The history of gold, the world now produces about 2,600 tons of gold every year, but the achievement of this output is the result of continuous exploration and efforts of mankind for thousands of years. Previous: What should be paid attention to in crystal maintenance Next: What should be paid attention to in diamond investment