The desire for the precious metal
Verfasser: pr-gateway on Saturday, 13 February 2021
Precious metals history and stories, in conversation with Dr. Peter Riedi, economist and precious metals expert from the Principality of Liechtenstein, by Amelie Hauger student and blogger from Stuttgart.
Do you want to see a real feeling, a real smile? Show your counterpart gold, silver or precious stones. Gold - at the sight of this shiny precious metal, most people respond with a sparkle in their eyes. Not everyone owns it, but many covet it: a real piece of gold. Be it a valuable piece of jewelry made of real gold or a small gold coin. Those who own a piece of gold are usually very proud and take good care of it. But what is the story behind this precious metal?
Precious metals are only stored values, aren't they? Yes and no!
Gold is designated with the abbreviation Au, for the Latin term Aurum, in the periodic table and belongs to the eleventh group, the so-called copper metals. This group also includes copper and silver, among others, which is why this group is also called coinage metals. What is special about gold is that, like other precious metals, it occurs in pure form in nature and does not corrode.