Who Discovered Gold First In The World?

You would probably have a heart of gold almost anywhere you went. Especially from the financial news, one would constantly hear of gold prices or economic problems that have to do with gold. Gold is money, "real" money, which has been accepted for purposes of payment since time immemorial. Who was the person who discovered it? 

Gold: History and Uses

Gold was used as currency for other purposes for thousands of years. There are different classes of gold: gold bullion, which is gold ingots or bars; gold coins, which are sovereigns, Krugerrands, etc.; gold through galas that are like gold bullion but in smaller sizes.

Gold has been equally highly valued in the affairs of early civilizations for not tarnishing toughness, from which it could be fashioned into objects of adornment or utility that are passed through generations. Today, gold is valued only for its beauty and rarity, with several applications in industry. Gold is perceived generally as a safe harbor when the economy of a country is in trouble and an inflation hedge. When stocks are down and the economy is shaky, gold tends to hold its value.

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The History of Gold

The record of gold mining starts from the time of the earliest civilizations on earth. Man had to dig great depths and depths to find; 

• Gold

• Silver

• Copper

• Tin

• Lead

• Iron

• Diamonds

• Coal and other minerals. 

To mine gold, men had to use picks, shovels, baskets, pans, sluices, and drills. 

During the Middle Ages, many new ores contained more than one metal. For example, some alloys have both silver and gold. These are known as "mixed-metal" ores.

Who Discovered Gold First?

Seems to be an easy question on the surface, but it is a little more complex than one might think. The first 'discoverer' of gold was probably some random fellow who came upon gold ore while hunting for food and the necessities of life.

That fellow at that time had no inkling of what he had discovered because the concept of a precious metal like gold didn't even exist. Gold was probably first recognized as valuable in the eyes of a geologist or alchemist. 

The honest ones would have simply studied minerals and ores in a quest for gold; after all, it was they who would have peered into gold. Gold has been throughout the ages, even if the idea of precious metal arose much later. Many nations have stories and legends associated with gold, yet gold was the first thing that was actually found by some guy somewhere. 

There have been records of the gold discovery in America

Gold was first discovered in California by James Marshall when he saw it in a river while en route to capture some boiling water. When he looked down, he saw gold flakes in the water. Shortly thereafter, he returned and reported to fellow miners what he had seen. 

There was the gold discovery in China

Three thousand years ago, Chinese people found gold in the Yellow River. The Chinese began trading gold with other cultures, resulting in gold being found elsewhere in the world. Around 700 B.C., the Tibetans discovered gold, using it to make statues and jewelry for their deities.

There was the gold discovery in Turkey

The oldest gold artifact, dating back to the eighth century B.C.E., was discovered in Turkey in a tomb belonging to King Midas. 

There was the gold discovery in South Africa

In pre-colonial South America, varieties of cultures used gold extensively for ornamental purposes, including nose and lip ornaments, breastplates, and headdresses. The Aztecs highly valued gold, paying tribute to Moctezuma in solid gold bricks. 

What was gold used for?

Gold has always been valued highly for purely decorative purposes. Many ancient peoples from all parts of the world used it for jewelry-making and ornamentation. here, including the Egyptians, Phoenicians, Greeks, Romans, Mayans, Chinese, and Japanese.

The Inca Goldsmiths were also called "tumis" in Spain. Tumis were well-respected craftsmen with their own guild. Gold was hammered down into thin sheets, which were then used to cover temple, palace, and house walls and roofs.

The tiniest bit of decoration in jewelry is small ornaments made of gold that are shaped into animal forms or fashioned as pendants. Other types are earrings, necklaces, bracelets, and hairpins; the most prized material is the knotted cord that carries messages on everything from taxes to military service and production quotas. 

Native Americans made gold into ornaments, tools, and weapons, among other things. The Aztecs believed gold to be the very metal of sunlight and fire; thus, they used gold to make shields for it to protect their warriors from harm's way.

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Mining- History of Gold Mining

The first gold rush was the California Gold Rush spurred by the discovery of gold in Sutter's Mill on January 24, 1848. The California Gold Rush brought hundreds of thousands of people from around the world to California in months. Gold nuggets became an attractive lure, while the mining industry also promised highly paid work. 

The history of gold mining begins in the Stone Age and Bronze Age when very first human beings started using stone tools for mining purposes. Though there are many ways of extracting gold out of rock, large-scale industrial mining began in 1848 upon the discovery of rich deposits in California. 

That discovery led to a tremendous effusion in the trade along with the further finding of numerous other mines in the area. Following the discovery of these mines, further interest grew in mining on a more global scale.

Different methods of mining exist to...

Younger rocks are heated with coke substances for the production of molten metal through this technique. The cooled and hardened gold emerges from molds after pouring molten metal into them.

Implications of the Discovery of Gold

Gold serves as a fashionable investment asset that appeals to many investors. Gold bars and gold coins serve as storage units for money by numerous individuals. History demonstrates that gold functions well as a sound investment. Employees facing an economic downfall often turn to gold purchases because it serves as a secure store of assets. 

Hard economic periods drive individuals to use gold both through purchasing stocks or exchanging real gold bars and coins as a means to gain financial value. The discovery of gold during early times produced some effects that included:

The abundant immigration caused by gold rushes created extensive pressure on state resources as people sometimes resorted to violent behavior due to scarce gold supplies. Sound operations for banking institutions required monetary funds that were secured by gold.

Summing Up

Scientific and cultural value has consistently surrounded gold since antiquity because of its aesthetic qualities and practice applications and limited availability. The history of gold discovery remains unclear though several people created their wealth through dealing with precious metal throughout time. 

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