Tag: saudi riyal

Copper is a metal soft, malleable and ductile that is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys. Native copper can be found at many locations as a primary mineral in basaltic lavas and as reduced from copper…

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Aluminum is a chemical element that occupies position number 13 in the periodic table, with the symbol Al. It has a density lower than most other common metals and it has a significant affinity for oxygen and forms a protective layer of oxide on the surface when exposed to air. …

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Mo, also known as Molybdenum, has the atomic number 42 and was discovered in 1778.  Molybdenum is a silvery-gray metal that is typically obtained as a consequence of copper and tungsten processing. Molybdenum has a wide range of applications due to its unique characteristics. As a result of its high…

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Located in Western Asia and with a population of approximately 10 million people, Jordan holds today the 4th strongest currency in the world. It is called Jordanian Dinar (JOD) and became the official currency of the country in 1950, after replacing the Palestinian pound. At the moment, 1 US Dollar…

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With the Cr symbol and atomical number 24, this shiny base metal is one of the 21st most common elements on Earth. Every year, roughly 20,000 tons of chromium metal are generated, with about a billion tons of huge reserves that aren’t unexploited yet. It’s a steely-grey transition metal that’s…

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If you’re interested in economics and international commerce, you probably know that currently the Kuwaiti Dinar it’s the strongest currency in the world. It was introduced in 1960 and, initially, it was equal to one pound sterling. At the moment, 1 Kuwaiti Dinar is equal to 3.32 US dollars.  This…

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With a 16% share of the world’s silver reserve, Australia has the second-largest reserve around the world. Gold and diamond Australian reserves are huge too.  For Australian investors, of various precious metals, there are four favorites: Gold: despite having few practical uses today, it tops the list of precious metals…

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For the last few years, people in Germany have been investing in precious metals. That is to say, german individuals own bars and coins on a higher percentage than, for instance, golden jewelry.  For instance, some metals like Gold were in high demand during 2020. The desire for value retention,…

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Discovered in 1739, Cobalt is a magnetic silvery-blue metal. Cobalt is mostly produced as a by-product of nickel refinement. Strange nodules on the ocean’s bottom contain a vast store of different transition metals (including cobalt). The nodules are manganese minerals that form over millions of years and contain a large…

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