Gold is a simple form of chemical element gold (chemical element symbol Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal.
Generally speaking, gold in the world is measured in ounces. In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication and aerospace industry.
The chemical symbol of gold is Au, and the financial English code is XAU or gold. The name Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means shining dawn.
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Due to its excellent characteristics, gold has always played the role of currency in history, such as a measure of value, a means of circulation, a means of storage, a means of payment and a world currency.
With the development of social economy, gold has withdrawn from the circulation field. After the decoupling of gold and the dollar in 1970s, the gold function of money also weakened, but it still maintained a certain monetary function. Gold still occupies a very important position in the international reserves of many countries, including major western countries.
Gorgeous gold ornaments have always been a symbol of social status and wealth. With the development of modern industry and high technology, the scope and style of gold jewelry, ornaments and decorations have been continuously broadened and deepened. With the continuous improvement of people's income and wealth, the awareness of maintaining fft and diversifying investment is constantly improving, which also promotes the increasing demand for rice in this area year by year.
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