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CURRENCY
UNIT

Gold

£3,045.27 $4,065.98 £97.93 $130.76
per t oz

Silver

£38.91 $51.95 £1.25 $1.67
per t oz

Palladium

£767.69 $1,025.00 £25.16 $33.60
per t oz

Platinum

£1,152.66 $1,539.00 £37.18 $49.64
per t oz

Live Metal Prices

Metal Per Ounce Per Gram
Gold £3,046.02 £97.93
Silver £38.96 £1.25
Metal Per Ounce Per Gram
Gold $4,066.98 $130.76
Silver $52.02 $1.67
Metal Per Ounce Per Gram
Gold €3,650.21 €117.36
Silver €46.69 €1.50

Earthquakes cause Gold Vein deposits

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Changes in pressure caused by movements the Earth’s crust creates tiny Gold deposits, known as ‘veins of Gold’ it has been reported.

In a study published in Nature Geoscience, researchers have found that veins of gold can occur almost instantaneously, taking in less that half a second.

This natural process takes place along ‘fault jogs’ which are zigzag cracks that connect to the main fault lines in the rock. At the time of an earthquake, there is a large reduction of pressure in these fault jogs; as mineral-rich fluids filter through, the rapidly crystallisation forms into very fine Gold deposits.

News source: ScientificAmerican.com.

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Article Last Updated: Monday, February 17, 2014

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