GOLD THEORY:
Gold's atomic number of 79 makes it one of the higher atomic number elements which occur naturally. Like all elements with atomic numbers larger than iron, gold is thought to have been formed from a supernova nucleosynthesis process. Their explosions scattered metal-containing dusts (including heavy elements like gold) into the region of space in which they later condensed into our solar system and the Earth.
On Earth, whenever elemental gold occurs, it appears most often as a metal solid solution of gold with silver, i.e. a gold silver alloy. Such alloys usually have a silver content of 8–10%. Electrum is elemental gold with more than 20% silver. Electrum's color runs from golden silvery to silvery, dependent upon the silver content. The more silver, the lower the specific gravity.