How has gold changed the world?

Gold and World History The discovery of the precious metal at Sutter's Mill in January 1848 marked a turning point in world history. The fact that gold took a while to be used directly as a currency did not mean that it was not highly valued. The power and presence or ownership of gold went hand in hand. Gold jewelry was found in the tomb of Djer, a king of the first Egyptian dynasty around 2500 BC.

C. The tomb of Tutankhamun from the 14th century BC. contained the largest collection of gold and jewelry found in the world. And Egypt's acquisition of gold — by peaceful means or not — was a key basis for the power and influence that supported that society for centuries.

The report shows how the responsible gold mining industry is making progress in achieving the UN Sustainable Development Goals (SDGs). At the other end of the spectrum are those who claim that gold is an asset with several intrinsic qualities that make it unique and necessary for investors to keep it in their portfolios. Gold can be something quantitative and tangible, like money, and at the same time it can embody something ephemeral, such as a feeling, even a series of feelings. And this occurred at a time when gold had no value as “money”, but was considered a desirable product in and of itself.

A piece of gold may not have any immediate physical value to the person holding it; you cannot eat or drink it, for example. The exquisitely designed yellow, pink and white gold shapes look out over an exotic display of corals and underwater fauna. The discovery and search for gold have shaped population settlement patterns, rising levels of immigration, and even cultural attitudes. Their science may have been primitive, but the Greeks learned a great deal about the practical aspects of gold mining.

Gold is the metal we'll turn to when other forms of currency don't work, which means that gold will always have value in difficult and good times. The Romans mined gold extensively throughout their empire and greatly promoted the science of gold mining. As gold miners decarbonize their energy sources, they can also bring cleaner energy to local communities and, in some places, will play a key role in bringing low-carbon electricity to the region, with potential development benefits that go far beyond the mine. It represents gold mines, mining neighborhoods, roads leading to mines and gold mountains, etc.

In addition to meeting the needs of a gold mine, these improvements to roads, water and electricity supplies are a long-term benefit to businesses and communities in the area, since they last longer than the production years of a gold mine. Gold miners often work in partnership with host governments, communities and NGOs in the countries where they operate, to identify how best to support broader social and economic development. It is believed to portray the Wadi Fawakhir region, where the El Sid gold mine is located, but the matter is far from being resolved.