Frequently Asked Questions about gold

Showing: All Questions, Investment, Jewellery, Production, Science, Society

26. How can I tell if my jewellery is real gold?

     

27. How do governments distribute the benefits from mining to local communities?

     

28. How do I become a member of WGC?

     

29. How do I know if a gold dealer is reliable?

     

30. How do mining companies go about mining for gold?

     

31. How do mining companies impact local employment?

     

32. How does a gold mine work?

     

33. How does mining impact the government revenue of countries where gold is mined?

     

34. How does the gold mining industry ensure that local communities are protected?

     

35. How much does a gold bar weigh?

     

36. How much does it cost to run a gold mine?

     

37. How much gold has been mined?

     

38. How much gold is still underground?

     

39. How much gold is there in the world?

     

40. How much is a gram of gold worth?

     

41. I thought gold was only used for making jewellery and in gold bars and coins?

     

42. I'm aware that platinum compounds are used as cancer treatments. Is gold or its compounds used in any medical treatments?

     

43. If all the gold was laid around the world, how far would it stretch?

     

44. If you inflation-adjust the previous gold price record of $850/oz set in January 1980 you get a value of around $2,200/oz, does that mean that gold is no longer an inflation hedge?

     

45. Is a return to a type of gold standard possible in the foreseeable future?

     

46. Is all gold jewellery hallmarked & are the markings the same in other countries e.g., 24K = 999 in Europe?

     

47. Is all gold mining legal?

     

48. Is gold a commodity?

     

49. Is gold a global currency?

     

50. Is gold a high risk or low risk investment?