Origins of Gold and Silver

The Origins of Gold & Silver

Categories: Invest
 

More than Metal

Precious metals have been sought-after through the ages; a universal symbol of status and wealth appearing in cultures all over the world. Gold and silver have also been linked with the celestial throughout history. The Incas believed gold was the sweat of the sun, with silver being the moon’s tears. These luxurious metals have fascinating stories that lead right up to the modern day.

Enduring Gold

The chemical symbol for gold, Au, comes from the Latin word aurum, meaning ‘glowing dawn’. The ancient Greeks thought gold was a compound of water and sunlight, while the Egyptians believed gold was the flesh of gods, particularly of the Sun god, Ra, and they used it as currency as early as 1500BC.

Gold has key qualities that make it desirable; it is malleable but durable, it won’t corrode or tarnish with age. Golden artefacts have survived thousands of years, like the gold coffin of Tutankhamun, ready to be rediscovered and treasured by future generations.

Simply Silver

The chemical symbol for silver, Ag, comes from the Latin word argentum, which means ‘grey’ or ‘shining’. It has been valued as an elegant and precious metal for thousands of years. First used to produce coins circa 700BC, silver is valued for its quality, longevity and strength.

Legend has it that silver has magical properties, harnessing the pure energies of nature and lending protection to its owner.

Useful Minerals

Today gold has many uses, from producing jewellery and coinage to dentistry and aerospace, and as an efficient conductor it can be found in many modern electronics.

Silver too is used in the making of jewellery and decorative pieces and is seen as a traditional gift for births, birthdays and christenings. The cells of solar panels are a major use of silver (enabling them to convert sunlight to usable energy). And if you have ever owned gloves that can be used with touchscreen phones, did you realise they have silver threads woven into their fingertips?

So, gold and silver really do live up to their name as ‘noble metals’ – non-corrosive but also impressive, superior and pure. As a finite natural resource with so many decorative, luxurious and practical uses, it makes a great choice for those looking to invest in metals with history and a promising future.

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