- April 17, 2020
- Posted in LOCAL
Gold is Zimbabwe’s most commonly mined mineral. It is the most preferred due to vastly available markets and also fetches the most sort after currency in Zimbabwe, the US$. Zimbabwe is home to over 500 000 Artisanal Small-scale Miners who are the biggest producers of the precious mineral at 60%.
Gold has many daily uses that we may not even be aware of. Below are some:-
Finances and Investing
Due to its high and standard return value, it has been used as currency for centuries. Even now one of the safe gold investment is to buy gold bars people buy Gold bars and it is considered as a safe asset. It seems like the last few years everything has been aligned to bring gold as the most preferred investment, raising the precious metal steeply into popularity. Now, investors all over the world are swarming to add gold bars to their portfolio.
In an indeterminate economy, gold has surfaced as a possible financial essential. People buy gold bars, gold coins and bullion as a common investment practice.
Dentistry and Medicine
Gold is considered as the best filling for cavities and crowns, bridges and other orthodontic appliances because the metal is ductile and can easily take shapes. It is also chemically passive and doesn’t react easily when missed with other metals. It is also easy to insert and is non-allergic. Dentists have used gold as the best substitute for misplaced/ dislocated teeth for ages.
Electronics and Computers:
Gold is of the top metals when it comes to being good conductors of electricity. It is able to carry electrical charges easily and because of this property, this metal is found in small portions in many electrical devices like mobile phones. Television sets, GPS devices. It is also sometimes found in computers and laptops for transferring data quickly.
Medals and Statues
Gold is considered as a highly auspicious and precious metal it is used in the making of winning medals for popular world games, championships and awards. Its beauty holds significance and a permanent place in the human eye. Because of its exceptional magnificence, it is also used in the making of religious statues and Idols.
As per statistics, about 80% of gold is converted into jewellery. It is the most standard use if gold and is common amongst all cultures. Because of its shine, luster and durable chattels, it is believed to bring prosperity and wealth in most of the cultures especially Asians who convert gold jewellery into Bangles, Gold rings, and necklace for women etc.
This precious metal is considered a treasured jewellery gift in Malaysia, illustrative of prosperity, affluence and success, and is often given during various occasions.
Source: mystory.com additional by Keith Sungiso