Going Public Term for a privately owned company which seeks a listing on a stock exchange and issues shares the general public. A precious metal produces by South Africa, the U.S., Canada, Australia and the Commonwealth of Independent States. Gold, along with silver, is one of the world's oldest traded investment commodities. Gold is traded mainly in bars but is both traded and used in coinage. Used extensively in jewellery, dentistry and electronics.
Central banks hold, in total, massive gold reserves.
Gold is often seen as a safe haven for investment funds in times of world political and economic turmoil. Gold has been mined for 6,000 years but only some 110,000 metric tonnes have ever been produced. Gold Coinage Gold coins are traded throughout the world on a daily basis with Zurich an important centre. The nominal value on the face of the coin is not to be confused with the value of the gold contained in the coin. One of the best selling bullion coins is the South African Krugerrand.