July 27, 2020

‘Safe haven’ gold has a rich 3,000-year history

London (AFP) – Gold struck a record high of $1,944.71 in Asian trading on Monday as traders piled into the “safe haven” investment, a status that is a product of the characteristics that have long made the metal useful in finance.The Egyptians were the first to mine gold somewhere around 3000 BC. The fairly balanced distribution of gold across the planet meant numerous civilisations used the metal in their societies.If the metal was first used for its aesthetic qualities,¬†from 700 BC it began to be used as money along with silver.Being rare, relatively easy to extract and work, as well as rust…

source https://this.kiji.is/en/660428863348409441?c=648607265489716321

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