Gold has been a highly sought-after metal since its discovery in ancient times. The California Gold Rush during the 19th century is renowned. This metal, normally located deep underground, was easily accessed with hand tools in the hills of California, and therefore, attracted gold-seekers.
A soft metal that possesses a characteristic yellow colour, gold is distributed throughout the planet in low concentrations. Gold has the highest malleability and ductility of all elements.
A monetary standard since the late 18th century, gold is a precious metal that also has decorative applications. In jewellery, gold is often alloyed to increase its strength. Governments around the world use gold as a currency backing and for settling international trade balances.
Gold is a good conductor of heat and electricity. It has applications in electronics and in the space industry. Gold serves as a coating on circuits and heat shields, as well as space satellites because it is a good infrared reflector and is relatively inert.