Gold is probably the most established money on the planet and therefore, it has become a significant aspect of the monetary world. It is considered valuable in the psychology of individuals and considered property by almost everyone. Gold is a very useful item which is mainly used as jewellery and has other industrial applications like electronics such as mobile phones, GPS systems, televisions etc. and industries like glass making, medical treatment and dentistry Are also. The largest gold producing countries are China, Australia, Canada, Indonesia and one of the largest…