1-866-646-8465

1-866-646-8465

The Cost of Wearing Gold: Did You Know?

The Cost of Wearing Gold Did You Know?
Dec 18, 2020

One of the factors that makes Gold so unique is its malleability and ductility. In 2008, a chemist named Georg Steinhauser conducted a study showing the effects of wearing a gold ring when performing everyday activities. You can prevent wearable gold from being worn down by taking proper care of your precious gold jewelry so that it can last indefinitely. If you’re interested in learning more, watch this episode of U.S. Money Reserve’s “Did You Know?”

The Cost of Wearing Gold: Did You Know?

Narrator    (00:05):
Gold is a precious metal with very particular attributes. It's the most malleable and ductile of all known metals. When flattened a single ounce could produce a five by five meter sheet of gold. However many are unaware that wearable gold can wear away over time since pure gold is so soft. George Steinhauser, a chemist at Vienna University of Technology conducted a study on this in 2008. Steinhauser wanted to measure how much gold would be lost by wearing a gold ring while performing normal daily activities. Steinhauser was to get married and decided to weigh the ring once a week over the span of a year. Steinhauser's study showed that the ring decreased in weight by roughly 0.12 milligrams per week. Though this number proves low, one can still prevent loss by removing gold rings before participating in physical or extraneous activities. Despite gold's softness, it's a strong metal that doesn't tarnish with age. When properly cared for, gold can last indefinitely. Call the number on your screen or click the link below if you'd like to learn more about gold's place in history or gold's place in your portfolio and check out the Did You Know playlist on our YouTube page to see more interesting videos about gold.

Speaker 2 (01:33):
[inaudible].

 

 

Subscribe

Sign up now for latest executive insights and latest news delivered right to your inbox.
  • This field is for validation purposes and should be left unchanged.

Related Articles

A History of Gold as a Currency: Did You Know?

A History of Gold as a Currency: Did You Know?

Gold has been used as a currency since some of the earliest civilizations known to man. Gold’s history as a coinage dates back to at least the ancient Lydians of 700 B.C. If you’re interested in learning more, watch this episode of U.S. Money Reserve’s “Did You Know?”...

read more
Silver In Photography: Did You Know?

Silver In Photography: Did You Know?

Silver has long served as an integral component in analog photography because of its use in camera film. Traditional photography film coating contains microscopic silver halide crystals. Even today, many photographers and videographers have continued to use analog...

read more