Figure of the month: 3 kilometres

News Arnulf Hinkel – 01.06.2017

Gold is not only one of the most valuable elements on this planet, but also one of the most elastic. From just one gram of gold, a wire of up to 3000 metres in length can be produced. To manufacture a wire long enough to draw a full circle around earth, only slightly more than 13 kilograms of gold would be needed. It is impossible to achieve the same effect with any other metal. Gold can be stretched so far that wires or foils of only one micrometre thickness can be produced. A skilled goldsmith can manufacture almost 9 square meters worth of gold foil from just one gram of gold. However, this characteristic only applies to unprocessed fine gold, not to alloyed gold, which is harder and therefore much less flexible. Hence, jewellery made of gold always consists of alloys, since fine gold would be much too soft for this purpose. The density of gold is almost twenty times higher than the density of water. Also, gold is more stable than many other elements: neither oxidizing substances nor water can alter or damage it, not even most acids. Gold can be dissolved exclusively in aqua regia, a blend of nitric and hydrochloric acids. As a precious metal, gold is virtually imperishable. Due to these characteristics, and the fact that gold is an excellent heat and electricity conductor, it is specially suited for applications and products in the electronic industry. And there is quite another unique characteristic of gold that has always ensured its artistic appreciation in the form of jewellery and decorations of textiles and fashion: the radiant glow emanating from its polished surface. The financial as well as cultural appreciation of gold is also due to the fact that it is one of the rarest elements on this planet, even more rare than platinum.

Upcoming Events

Events

22.10.2020 - 22.10.2020 Investment Fund Day of Börsen-Zeitung Frankfurt

Digital Conference

Events

02.11.2020 - 03.11.2020 Private Wealth Excellence Forum

Youtube channel

Production of Umicore precious metal bars

Production of Umicore precious metal bars

Opening Bell Event zum 10-jährigen Bestehen von Xetra-Gold (German)

Opening Bell Event zum 10-jährigen Bestehen von Xetra-Gold (German)

Gold als eigene Anlageklasse: Interview mit Steffen Orben (German)

Gold als eigene Anlageklasse: Interview mit Steffen Orben (German)

Please select the optional cookies to activate Youtube.

Newsletter

Are you interested in receiving regular information on Xetra-Gold? Then subscribe to our monthly, free-of-charge newsletter to learn more about our gold holdings, upcoming events and to read our gold market outlook.

Required mandatory fields are marked with an asterisk (*).

Your data, collected for the purpose of sending the above information, will be processed in accordance with the DSGVO, i.e. they are used exclusively for the purposes mentioned above. The data will not be passed on to third parties. You can unsubscribe from our information services at any time using the unsubscribe function.

Further information is available in our complete data protection declaration.

Xetra-Gold Newsletter

We are sorry that you consider to unregister from our newsletter. Are you missing out information? If yes, we are pleased to receive your feedback. Of course, you can always re-register at any later point of time.

Required mandatory fields are marked with an asterisk (*).

Your data, collected for the purpose of sending the above information, will be processed in accordance with the DSGVO, i.e. they are used exclusively for the purposes mentioned above. The data will not be passed on to third parties. You can unsubscribe from our information services at any time using the unsubscribe function.

Further information is available in our complete data protection declaration.

Xetra-Gold Newsletter

Xetra-Gold Hotline

Xetra-Gold-Hotline

Do you have questions? We have the answers. Contact us here: 9 a.m.–6 p.m. CET

+49-(0) 69-2 11-1 16 70

xetra-gold@deutsche-boerse.com

For press inquiries:media-relations@deutsche-boerse.com

To contact form