Gold in the context of "Gold Standard Act"

⭐ In the context of the Gold Standard Act, what was a primary requirement placed upon the United States Treasury regarding paper currency?

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Gold in the context of Chryselephantine

Chryselephantine sculpture (from Ancient Greek χρυσός (khrusós) 'gold' and ἐλεφάντινος (elephántinos) 'ivory') is a sculpture made with gold and ivory. Chryselephantine cult statues enjoyed high status in Ancient Greece.

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Gold in the context of Gold leaf

Gold leaf is gold that has been hammered into thin sheets (usually around 0.1 μm thick) by a process known as goldbeating, for use in gilding.

Gold leaf is a type of metal leaf, but the term is rarely used when referring to gold leaf. The term metal leaf is normally used for thin sheets of metal of any color that do not contain any real gold. Gold leaf is available in a wide variety of karats and shades. The most commonly used gold is 23-karat gold.

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Gold in the context of Natural resources of Africa

Africa has a large quantity of natural resources, including diamonds, sugar, salt, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum, natural gas and cocoa beans, but also tropical timber and tropical fruit.

Recently discovered oil reserves have increased the importance of the commodity in African economies. Nigeria, Angola, Republic of the Congo, Equatorial Guinea, Algeria, Libya, Egypt, and South Sudan are among the largest oil producers in Africa. The United States and European countries took most of the Democratic Republic of the Congo's (DRC) oil production. Oil is provided by both continental and offshore productions. Sudan's oil exports in 2010 are estimated by the United States Department of State at US$9 billion.

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Gold in the context of Alloy

An alloy is a mixture of chemical elements of which in most cases at least one is a metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have properties that differ from those of the pure elements from which they are made. The vast majority of metals used for commercial purposes are alloyed to improve their properties or behavior, such as increased strength, hardness or corrosion resistance. Metals may also be alloyed to reduce their overall cost, for instance alloys of gold and copper.

In an alloy, the atoms are joined by metallic bonding rather than by covalent bonds typically found in chemical compounds. The alloy constituents are usually measured by mass percentage for practical applications, and in atomic fraction for basic science studies. Alloys are usually classified as substitutional or interstitial alloys, depending on the atomic arrangement that forms the alloy. They can be further classified as homogeneous (consisting of a single phase), or heterogeneous (consisting of two or more phases) or intermetallic. An alloy may be a solid solution of metal elements (a single phase, where all metallic grains (crystals) are of the same composition) or a mixture of metallic phases (two or more solutions, forming a microstructure of different crystals within the metal).

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Gold in the context of Alchemy

Alchemy (from the Arabic word al-kīmīā, الكیمیاء) is an ancient branch of natural philosophy, a philosophical and protoscientific tradition that was historically practised in China, India, the Muslim world, and Europe. In its Western form, alchemy is first attested in a number of pseudepigraphical texts written in Greco-Roman Egypt during the first few centuries AD. Greek-speaking alchemists often referred to their craft as "the Art" (τέχνη) or "Knowledge" (ἐπιστήμη), and it was often characterised as mystic (μυστική), sacred (ἱɛρά), or divine (θɛíα).

Alchemists attempted to purify, mature, and perfect certain materials. Common aims were chrysopoeia, the transmutation of "base metals" (e.g., lead) into "noble metals" (particularly gold); the creation of an elixir of immortality; and the creation of panaceas able to cure any disease. The perfection of the human body and soul was thought to result from the alchemical magnum opus ("Great Work"). The concept of creating the philosophers' stone was variously connected with all of these projects.

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Gold in the context of Gold medal

A gold medal is a medal awarded for highest achievement in a non-military field. Its name derives from the use of at least a fraction of gold in form of plating or alloying in its manufacture.

Since the eighteenth century, gold medals have been awarded in the arts, for example, by the Royal Danish Academy of Fine Arts, usually as a symbol of an award to give an outstanding student some financial freedom. Others offer only the prestige of the award. Many organizations now award gold medals either annually or extraordinarily, including various academic societies.

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Gold in the context of Byzantine coinage

Byzantine currency, money used in the Eastern Roman Empire after the fall of the West, consisted of mainly two types of coins: gold solidi and hyperpyra and a variety of clearly valued bronze coins. By the 15th century, the currency was issued only in debased silver stavrata and minor copper coins with no gold issue. The Byzantine Empire established and operated several mints throughout its history. Aside from the main metropolitan mint in the capital, Constantinople, a varying number of provincial mints were also established in other urban centres, especially during the 6th century.

Most provincial mints except for Syracuse were closed or lost to Arab Muslim invasions in the Mediterranean Region by the mid-7th century onwards. After the loss of Syracuse in 878, Constantinople became the sole mint for gold and silver coinage until the late 11th century, when major provincial mints began to re-appear. Many mints, both imperial and, as the Byzantine Empire fragmented, belonging to autonomous local rulers, were operated in the 12th to 14th centuries. Constantinople and Trebizond, capital of the independent Empire of Trebizond (1204–1461), survived until the invasion of Anatolia by the Ottoman Turks in the mid-15th century.

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Gold in the context of Silver

Silver is a chemical element; it has symbol Ag (from Latin argentum 'silver') and atomic number 47. A soft, whitish-gray, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. Silver is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining.

Silver has long been valued as a precious metal, commonly sold and marketed beside gold and platinum. Silver metal is used in many bullion coins, sometimes alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. In terms of scarcity, silver is the most abundant of the big three precious metals—platinum, gold, and silver—among these, platinum is the rarest with around 139 troy ounces of silver mined for every one ounce of platinum.

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Gold in the context of Metalworking

Metalworking is the process of shaping and reshaping metals in order to create useful objects, parts, assemblies, and large scale structures. As a term, it covers a wide and diverse range of processes, skills, and tools for producing objects on every scale: from huge ships, buildings, and bridges, down to precise engine parts and delicate jewellery.

The historical roots of metalworking predate recorded history; its use spans cultures, civilizations and millennia. It has evolved from shaping soft, native metals like gold with simple hand tools, through the smelting of ores and hot forging of harder metals like iron, up to and including highly technical modern processes such as machining and welding. It has been used as an industry, a driver of trade, individual hobbies, and in the creation of art; it can be regarded as both a science and a craft.

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Gold in the context of Commodity money

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.This is in contrast to representative money, which has no intrinsic value but represents something of value such as gold or silver, for which it can be exchanged, and fiat money, which derives its value from having been established as money by government regulation.

Examples of commodities that have been used as media of exchange include precious metals and stones, grain, animal parts (such as beaver pelts), tobacco, fuel, and others. Sometimes several types of commodity money were used together, with fixed relative values, in various commodity valuation or price system economies.

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