MINNUNNATHELLAM PONNALLA

ALL THAT GLITTERS IS NOT GOLD 

 GOLD PART 2(Continued from Part 1) 

5 Monetary exchanges 

Gold is commonly formed into barsfor use in monetary exchange. Gold has been 
widely used throughout the world asa vehicle for monetary exchange, 

The first gold coins of the Grecian age were struck in Lydia around 700BC.

 

The talent coin of gold in useduring the periods of Grecian history both before 
and during the time of thelife of Homer weighed between 8.42 and 8.75 grams. 

>From an earlier preference in using silver, European economiesre-established 
>the minting of gold as coinage during the thirteenth andfourteenth centuries 

However, production has not grownin relation to the world's economies. Today, 
gold mining output is declining. Fixed exchange rates of currenciesto gold were 
no longer sustained.At the beginning of World War I thewarring nations moved to 
a fractional gold standard, inflating their currenciesto finance the war 
effort. 

After World War II gold was replaced by a system of convertible 
currencyfollowing the Breton Woods system. Gold standards and the 
directconvertibility of currencies to gold have been abandoned by world 
governments,being replaced by fiat currency in their stead. 

Switzerland was the last countryto tie its currency to gold; it backed 40% of 
its value until the Swiss joinedthe International Monetary Fund in 1999. 

5a. Earlier Gold coins of UK and US 

The gold content of alloys ismeasured in carats (k). Pure gold is designated as 
24k. English gold coinsintended for circulation from 1526 into the 1930s were 
typically a standard 22k alloy called crown gold, for hardness. Americangold 
coins for circulation after 1837 contained the slightly lower amount of0.900 
fine gold or 21.6 k. 

6. Platinum and diamond 

Nowadays  many jewellery advertisements give morepreference to Diamonds and 
Platinum than Gold. Itis understood they have gold and silver section, mostly 
silver section inbasement or top most floor in the shop!!!

Although the prices of someplatinum group metals can be much higher, gold has 
long been considered themost desirable of precious metals, and its value has 
been used as the standardfor many currencies. Gold has been used as a symbol 
for purity, value, royalty,and particularly roles that combine these 
properties. 

7. Thomas moor treatise Utopia 

When I read it in Wikipedia Icannot stop including it. I also imagined some 
thing similar may occur sometimes in near future. 

Gold as a sign of wealth and prestige was ridiculed by Thomas More in 
histreatise Utopia. On that imaginary island, gold is soabundant that it is 
used to make chains for slaves, tableware, and lavatoryseats.

When ambassadors from othercountries arrive, dressed in ostentatious gold 
jewels and badges, the Utopiansmistake them for menial servants, paying homage 
instead to themost modestly dressed of their party. 

8. Gold storage 

Many holders of gold store it inform of bullion coins or bars as a hedge 
against inflation or other economicdisruptions. Gold coinsare mostly 22 carat 
to put in nut shell. In recent years in India we getit in Banks, semi financial 
institutions and in Post offices also in additionto jewellery shops. 

Update- Now only in jewellery shops. 

9. Gold jewellery 

Because of the softness of pure(24k) gold, it is usually alloyed with base 
metals for use in jewellery,altering its hardness and ductility, melting point, 
colour and otherproperties.  Melting point is importantone to note among it. 

Alloys with lower caratage,typically 22k, 18k, 14k or 10k, contain higher 
percentages of copper or otherbase metals or silver or palladium in the alloy. 
Copper is the most commonly usedbase metal, yielding a redder colour. Now we 
may understand after remaking (notexchanging) and remaking some gold ornaments 
looked copper like? 

Fortunately today’s women are notfor remaking but for new purchase of ornaments 
 giving back the old ones for FASHION CHANGE and not for damage (within a year 
mostly). They never bother of the financial losses. 

10 Police Badges 

Eighteen-carat gold containing25% copper is found inantique and Russian 
jewellery and has a distinct, though not dominant, coppercast, creating rose 
gold.  Fourteen-carat gold-copper alloy is nearly identical in colour tocertain 
bronze alloys, and both may be used to produce police and otherbadges. 

 11. Blue gold and Purple gold 

Blue gold can be made by alloyingwith IRON and purple gold can be made by 
alloying with ALUMINIUM, although rarely done except inspecialize jewellery. 
Blue gold is more brittle and therefore more difficult towork with when making 
jewellery. 

12 Green gold and white gold 

Fourteen- and eighteen-carat gold alloys with silver alone 
appeargreenish-yellow and are referred to as green gold. 

White gold alloys can be made withpalladium, silver and other white metals. The 
palladium alloys are more expensive than those using nickel. High-caratwhite 
gold alloys are far more resistant to corrosion than are either puresilver or 
sterling silver. 

The Japanese craft of Mokume-ganeexploits the colour contrasts between 
laminated coloured gold alloys to producedecorative wood-grain effects. 

My note- So with a mixing of goldnon corrosive white pancha pathram uddirini 
can be made. Shining PANCHA PATHRAM UDDIRINI. 

If price decline for  gold we may make such in the near future.

13. Medicinal effects

In medieval times, gold was often seen as beneficial for the health, in 
thebelief that something so rare and beautiful could not be anything but 
healthy. 

Some gold salts do haveanti-inflammatory properties and are used as 
pharmaceuticals in the treatmentof arthritis and other similar conditions. Gold 
based injections havebeen explored as a means to help to reduce the pain and 
swelling of rheumatoidarthritis and tuberculosis.However, only salts 
andradioisotopes of gold are of pharmacological value, as elemental 
(metallic)gold is inert to all chemicals it encounters inside the body. 

14 Swarnappal (Gold tooth)

 Gold alloys are used inrestorative dentistry, especially in tooth 
restorations, such as crowns andpermanent bridges. The gold alloys' slight 
malleability facilitatesthe creation of a superior molar mating surface with 
other teeth and producesresults that are generally more satisfactory than those 
produced by thecreation of porcelain crowns. 
After root canal treatment crownsare suggested by dental surgeons in various 
rates. The yellowish ones maycontain gold. However these are priced VERY HIGH. 
Recent quoteby dentist for single ceramic cap was 3400-00 in addition to root 
canal charges 
My note- At one time silver filling was there for cavity after cleaning. But 
now either removal or rootcanal.
15. Gold in food 

Metallic gold is inert to all bodychemistry, it has no taste, it provides no 
nutrition, and it leaves the bodyunaltered. 

I read paragraphs about Goldleaf, Gold flakes and gold dust. But due to the 
above there is no purpose of adding it since it is notgoing to serve any 
purpose. 

Reposted on 4-2-2021 after editing and updating.R.Gopala Krishnan. 

I will continue in anotherposting.

 

Reposted 

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