Facts About Gold Facts About Gold Gold has played a prominent role in the social and economic fabric of civilization for thousands of years.
Gold is still the only universally accepted medium of exchange.
Millions of people all over the world contiune to use gold as a hedge against inflation and as a basic form of savings and a reliable store of value during times of economic uncertainty or political upheaval. Since electricity is basically the flow of charged particles in a current, metals that are conductive allow this current to flow unimpeded. As a result, a single ounce of gold can be drawn into a wire five miles long. Gold's malleability is also unparalleled. It can be shaped or extended into extraordinarily thin sheets.