Gold is one of the most unique and outstanding metals available for you to invest on. Before you start investing on gold, you will need to understand why gold is unique and why people prefer to spend their money on gold. Here are some of the most prominent reasons that make gold so unique.
Plasticity
Gold is a delicate golden metal with a lovely glossy shine to it. Of all the elements, it is the most malleable and ductile. Gold is both malleable and ductile, allowing it to be rolled into semi-transparent sheets and drawn into wires thin enough to be used in semiconductors. 300 square feet of gold can be hammered out of one ounce (28 g) of gold. Gold may be compared to Play-Doh in terms of metals.
Conductivity
Gold is an excellent heat and electrical conductor. Silver has the highest heat conductivity and the highest light reflectance of all precious metals. Although silver is the best conductor, copper and gold are more commonly employed in electrical applications due to the lower cost of copper and the better corrosion resistance of gold. Gold is utilized to build long-lasting electrical connectors in a variety of gadgets because it never corrodes and can be molded into any shape.
Reactivity
On the Periodic Table, gold is one of the least reactive elements. It never rusts or corrodes since it doesn’t react with oxygen. Air, water, alkalis, and all acids have no effect on gold, with the exception of aqua regia (a combination of hydrochloric and nitric acids), which can dissolve gold. One of the reasons our acid tests are so precise is gold’s acid resistance. Halogens do react with gold. At room temperature, it will, for example, react slowly with chlorine gas to create gold chloride, AuCl3. When gold chloride is gently heated, it decomposes, releasing the pure components once more. With the exception of potassium cyanide, gold is resistant to most bases.
Reflection of Energy
The ability of a substance to reflect radiant energy is measured by its surface reflectance. It’s the percentage of incident electromagnetic power reflected at an interface. Gold reflects electromagnetic radiant energy such as radio waves, infrared, and ultraviolet light well. Gold’s optical characteristics, along with its full resistance to attack in any environment and its ability to be deposited as extremely thin films, make it a very adaptable material for a wide range of uses in many sectors. Gold is frequently used in aerospace applications as a protective coating for satellite components and space suits, for example.
If you are impressed by these reasons, you may proceed with investing on gold without having any second thoughts in mind.