4000 BC Gold is first known to be used in parts of Central and Eastern Europe.
3000 The Egyptians master the arts of beating gold into leaf and alloying gold with other metals to achieve variations in hardness and color. They also develop the ability to cast gold, using the lost-wax technique still used in today’s jewelry industry.
The Sumer civilization of southern Iraq uses gold to create a wide range of jewelry, often using sophisticated and varied styles still worn today.
At around 4000 BC, Gold was first known to be used in parts of Central and Eastern Europe. Then in 3000 BC,The Egyptians master the arts of beating gold into leaf and alloying gold with other metals to achieve variations in hardness and color. They also developed the ability to cast gold, using the lost-wax technique still used in today’s jewelry industry. The Sumer civilization of southern Iraq used gold to create a wide range of jewelry, their styles of jewelery are still worn today.
1500 BC, Gold becomes the preferred currency for trade and a symbol for prosperity. The Shekel, a coin weighing 11.3 grams of gold, is used as a standard unit of measure throughout the Middle East. The coin contained a naturally occurring alloy called electrum, which was approximately two-thirds gold and one-third silver.
1300 BC ,Babylonians have learned to test the purity of gold.
1100- 1300 AD, Venice in Italy becomes the first gold bullion market.Venice introduces the gold Ducat, which soon becomes the most popular coin in the world, and remains so for more than five centuries. Great Britain issues its first major gold coin, the Florin, which is followed by the Noble, the Angel, the Crown, and the Guinea.
1717 – Isaac Newton, Master of the London Mint, sets price of gold that lasts for 200 years.
1900 – Gold becomes the United States’ standard for it’s currency.
1968 – Gold is used in electronic circuits.
Since 1970, Gold has affected each and everyone’s life and has contributed to fall and rise of economies.
Obsessed with gold??? Host a gold party!!!
