IMPACT OF GOLD MARKET ON ECONOMY
is a rare metallic element with amelting point of 1064 degrees centigradeand a boiling point of 2808 degreescentigrade. Its chemical symbol,Au, is short forthe Latin word for gold, 'Aurum',which literally
means'Glowing Dawn'.It has several properties
that have made it very useful to mankind overthe years, notably its excellent conductiveproperties and its inability to react with wateror oxygen.The word gold appears to be derived fromthe Indo-European root 'yellow', reflectingone of the most obvious properties of gold.This is reflected in the similarities of the wordgold in various languages: Gold (English), Gold(German), Guld (Danish), Gulden (Dutch), Goud(Afrikaans), Gull (Norwegian) and Kulta(Finnish).