12 Fascinating facts about precious metal

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Where there’s a precious metal, there’s a surprising story to match. We delved into the vault for a dozen things you didn’t know about your old gold, silver, and, platinum.

Here are 12 precious metal facts…

The word gold is derived from a Sanskrit word meaning "to shine."
Since ancient times gold has been associated with the sun. The word gold is derived from a Sanskrit word meaning “to shine.”
A picture of sunrise over the sea
The chemical symbol for Gold (Au) comes from the Latin ‘aurum’ meaning “glowing dawn”.
A picture of a gold king chess piece
Gold can be dissolved in a mixture of nitric and hydrochloric acid. This solution is called aqua regia because it dissolves “the king of metals”
A picture of a mine
Gold’s virtual indestructibility means that almost all gold ever mined could still be in use today.
A picture of silver glitter
Silver’s chemical symbol (Ag) is derived from the latin ‘argentum’ which means “shining white”
A block of native silver with sulphur compounds
Although native silver is found in nature, it most commonly occurs as compounds with other elements, especially sulphur.
An electronic circuit board
Today silver is used mostly in industry. Large amounts are still used in jewellery, silverware and coins, but more is used by the photographic and electronic industries.
A lump of native platinum
Platinum’s chemical symbol (Pt) comes from the Spanish word for silver (plata) because originally it was thought to be silver.
Molten metal being poured into a mould
The melting point of platinum is 1,796 degrees Celsius, which is unusually high for metal.
A block of native platinum
Platinum is found as native metal, in natural alloys, and, in compounds with sulphur and arsenic.
A picture of the financial times
Because of their rarity, the demand for gold and platinum are expected to rise. Silver is more closely tied to industry, and the demand for silver is expected to change with economic conditions.

We hope you enjoyed our whirlwind tour of precious metals, know a fact we missed? Drop it in the comments 🙂

Want to keep reading, check these out:

The most expensive watch sold and other fascinating facts

Selling Silver Jewellery for cash

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