EPFL Researchers Unravel Quantum-Mechanical Effects Behind Photoluminescence in Thin Gold Films
EPFL researchers have made a groundbreaking discovery in the field of nanotechnology by developing a comprehensive model that unravels the quantum-mechanical effects behind photoluminescence in thin gold films. This discovery has the potential to significantly impact the development of solar fuels and batteries. By studying the nanoscale behavior of electrons as they absorb and re-emit light, researchers can gain valuable insights into semiconductor properties and use them to characterize electronic processes, such as those within solar cells.
Zimbabwe Launches New Gold-Backed Currency – ZiG
Zimbabwe has launched a new gold-backed currency called ZiG in an effort to stabilize its economy, which has been plagued by crises for the past 25 years. The introduction of ZiG aims to combat escalating inflation and restore stability, with the new banknotes available in denominations ranging from 1 to 200. Despite the introduction of ZiG, the US dollar will continue to be recognized as legal tender, accounting for 85% of transactions in the country. The new currency will be backed by precious minerals, predominantly gold, and foreign exchange to ensure its stability and prevent devaluation. The successful implementation and management of the new currency will be closely monitored as Zimbabwe embarks on this significant monetary reform.
Groundbreaking Discovery of Heavy Element Creation in Cosmos
Scientists have made a groundbreaking discovery using the James Webb Space Telescope (JWST) and the Hubble Space Telescope, revealing new insights into the creation of heavy elements in the cosmos. The collision of two ultradense neutron stars led to the production of metals heavier than iron and silver, including gold. This discovery challenges previous beliefs about the origins of gamma-ray bursts and opens up new avenues for understanding cosmic processes.
Groundbreaking Development in Plasmonic Catalysis Unveiled
On January 30, 2024, a groundbreaking development in plasmonic catalysis was unveiled by Prof. Polshettiwar’s group at Tata Institute of Fundamental Research (TIFR), Mumbai. The team introduced a novel ‘plasmonic reduction catalyst stable in air’ that defies the common instability…
Gold Prices Surge in 2023, Reaching Record High
Gold prices experienced a remarkable surge in 2023, soaring 15% in US dollar terms and reaching its highest annual close on record at US$2,078 per ounce. This surge brought significant gains to gold stocks, particularly those listed on the S&P/ASX…