Ever seen gold like this? It’s yellow, soft and valuable!

By | July 6, 2009

Gold is an exceptionally valuable commodity these days. To show that I already my own ‘stash’ in the bank vault, I’m happy to share this picture of our ‘wealth’.

yellow gold

In the West, I was used to seeing gold used in jewelery purely as one or even the largest component. When I first came to Taiwan, I was astonished how yellow (or ‘gold’) the was, and when I first got my gold wedding ring, how soft the metal actually is when it’s in nearly pure form. Most of the gold sold in China and Taiwan is of this type. Taiwanese especially value gold both for its beauty and its practicality. It’s easy to turn into cash.

Historically, there have been times when gold was perhaps the only store of true wealth here after the 2nd world war, during the tumultuous period of the Chinese Civil War, and so local people have traditionally valued it as a way to hedge their currency, protect their family ‘wealth’, and to carry easily, should the need arise.

I have no idea how much this is worth, but it’s probably not much. Christine received some gold as part of her wedding present, some of which is included here. It’s also traditional for brides and (to a lesser extent) and grooms to wear or flaunt as much gold as they can. Usually, some of the gold is presented to them, some is kept as part of the family wealth, and some may be ‘loaned’ from relatives.

Any idea how much this would be worth? I have my own estimates, but I have no idea how much the gold actually weighs. Perhaps one day, I’ll get it valued properly.