BASIC FACTS ABOUT GOLD
Gold’s chemical symbol Au stands for “Aurum” in Latin. It is an extraordinary metal, which possess various unique characteristics and thus is irreplaceable in today’s world. The beautiful appearance, non-tarnishing characteristics and also the ability to conduct electricity make this type of commodity the metal of choice for the jewellery, industrial, medical and technology industry.
The demand for this precious metal is diversified, often influenced by socio-cultural factors, market conditions and macro-economic drivers. Not only the diversity of gold demand, but also its emotional, cultural and financial value reinforce metal’s robust qualities as an investment asset.
The responsible development of gold resources, especially when coupled with sound governance, has the potential to deliver extensive social and economic benefits. One of the essential steps is to develop robust and efficient supply chain, conforming to all essential requirements.