All about gold: facts about the metal and its positive impact worldwide For very high-technology applications, it is now possible to produce gold of up to 99.9999% purity. The original meaning of bullion was “melting place” or “mint”, probably from the French bouillon: boiling. 24 carat gold is relatively soft and easy to break, so lower-purity gold is commonly used in jewellery. The Canadian gold mining industry provides a market for 3,200 suppliers of mining goods and services. India is the largest market for gold jewellery in the world, representing 746 tonnes of gold in 2010.
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