Gold is recovered by burning without loss. The purpose of burning gold ornaments in a gold shop is to see the fineness of gold, but only to remove the dirt on the ornaments, which has no effect on the quality of gold ornaments. As the saying goes; It is this truth that real gold is not afraid of fire, and it is this characteristic that ensures the status of gold as a precious metal currency for thousands of years.

Gold introduction

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, the gold in the world is 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.

On August 5, 2020, the price of gold exceeded $2,033 per ounce, a record high. On July 4, 2022, the price of gold fell below the integer mark of 1700 USD/oz and continued to decline.