1) 1 ounce=31.1 grams
2) Less than 1% of the Gold mined annually is in nugget form.
Every year nugget discoveries become more rare. A one ounce
nugget is now more rarely found than a five carat diamond.
3) The vast majority of the gold mined is from hard rock (lode)
mines or open pit. It is this gold which is crushed, refined & sold
at the current gold price.
4) Of the 1% (nugget form) 95% of that is fine gold (1/16" diameter
or less).
5) As nuggets escalate in size they become more rare.
6) Natural gold nuggets are remarkably close to total purity
containing slight traces of silver and copper. Assay value is
generally 21 and 22 carats, significantly purer than the gold
normally used in the very finest jewelry.
7) Weight conversion is- 1 ounce of gold = 31.1 grams
8) CRYSTALLINE GOLD
Facts about Rare crystalline Gold:
Color- Yellowish to Whitish Yellow
Crystals- Isometric, Octahedrons, Dendrites
Gold crystals are rare, they belong to the cubic system and when found may be octahedral, cubes or rhombdodecahedra. This gold was originally deposited in veins in igneous rocks and hydrothermal replacement deposits. This crystal gold most likely formed in cavities where the crystals has room to form and grow. Specimens have been found in California, Colorado, Nevada, Rumania & Australia gold mines.