It goes without saying: gold is perhaps the most prized, if not, one of the most prized elements in the world. Its otherworldly lustre and shine are among the qualities that attract people since time immemorial. Its value is among the things that make the world go round. It’s scarce, and that’s what makes it esteemed and cherished. But where on earth did it come from?
One might say, “From earth, of course?” But how come it is so rare and only found in practically microscopic quantities when the earth is vast? Atkinsons Bullion answers how gold bars get their price.
The Otherworldly Blessing
Notice that the word otherworldly I used to describe gold’s qualities in the first part of the article. That is because gold, in fact, didn’t come from earth. It came from the outer space. Sounds like a science fiction, eh? There are two ways gold has come to earth.
The first theory is star-based. Once a star explodes (supernova), its elements undergo a transformation, from which gold can form. The burst of gas, elements, and debris will subsequently form stars or planets. The gold on Earth is most likely transported this way.
Another theory posits that gold is delivered to earth by meteorites. While the earth is still young, meteorites that contain gold bombarded Earth’s crust.
Retrieving Bits and Pieces
A lot of gold is found in the Earth’s crust, but only in small quantities. But further studies suggest that more gold can be found under the ocean, which is quite expensive to mine. As gold is believed to be formed when the Earth was just forming, many scientists think that an abundant source of gold can be possibly found in the planet’s mantle.
Gold, interestingly enough, is something that came from heaven. No wonder, it is as nearly expensive as the stars above.