International Gold Quiz
Gold, a precious metal that has fascinated humans for centuries, continues to hold allure in the financial world. The International Gold Quiz is a fun and educational way to test your knowledge about this valuable commodity.
Questions:
1. What is the chemical symbol for gold?
2. Which country is the largest gold producer in the world?
3. What is the name of the international organization that sets the price of gold?
4. What is the standard measure of gold purity?
5. What is the difference between bullion and jewelry gold?
6. What is the largest gold coin in the world?
7. Which country has the largest gold reserves?
8. What is the name of the process used to extract gold from ore?
9. What is the most common use of gold in industry?
10. What is the origin of the term “karat” in reference to gold?
Answers:
1. Au
2. China
3. London Bullion Market Association (LBMA)
4. Karat (K)
5. Bullion gold is pure gold, while jewelry gold is mixed with other metals to enhance its durability and appearance.
6. “Big Phil”, a gold coin minted by the Royal Canadian Mint
7. United States
8. Cyanidation
9. Electronics
10. The ancient Arabic word “qirat”, which referred to the weight of a seed
Fun Facts:
* Gold is the only metal that is both malleable and ductile.
* A single ounce of gold can be stretched into a wire that is over 50 miles long.
* The Statue of Liberty is made of copper, but it is coated in gold leaf.
* The world’s supply of gold could fit into a cube that is only about 20 cubic meters in size.
The International Gold Quiz is an enjoyable way to enhance your knowledge about this precious metal. Whether you are a seasoned investor or simply curious about gold, this quiz provides an opportunity to learn and test your understanding.
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