Archive | Gold and Silver

The Importance of Silver

Classified by chemists as both a transition metal and a precious metal, silver has many uses. As a precious metal, it may not be abundant in the earth’s crust but it is very attractive like gold and chemically active as well. These properties make it a desirable metal to be used in coins, jewelry and art. Just like gold, silver has been used by humans for hundred of years. Occurring as a free element in nature, it can be extracted from its ore very easily. In modern applications, its most important use is in the field of photography where three of its compounds including silver chloride (AgCL), silver iodide (AGI), [...]

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How to Invest in Gold and Silver Coins

Gold and silver are both rare and have high economic values and among the precious metals, these two were the only ones that were use for traditional coinage. Naturally occurring in nature in their metallic form, they can be produced with the need for extraction metallurgy making them both suitable to be used as coins. Other properties of gold and silver that made them unique include their excellent luster; higher melting points compared with other elements, not radioactive and less reactive, and have high ductility property. However, it is their high ductility property that made them easily damaged as coins for circulation. It is for this reason that gold and [...]

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