Gold is a soft and shinning metal in yellow color. It is a chemical element with atomic number 79. Gold is one of the most precious metals right from the ancient history and it is given frequently to facilitate someone on their achievements. I have just given you a small idea about the value of this precious metal. Just imagine the price of gold in the current market.
The gold prices were fixed way back in 1919 by gold bullion traders and now gold price is fixed in US dollar , euros and British pounds. The spot gold price is generally announced by a group of banks.
Gold investments are in a steep raise since the increase in value of this metal over the years is just unbelievable. The importance that this metal has got is mainly because it is malleable and ductile. So it can be used in any form. The gold spot is done through phone. Friends it is high time to invest on this precious metal.