Period 6 element also dissolves in alkaline solutions of cyanide, which have been used in mining. Gold dissolves in mercury, forming amalgam alloys. Gold is insoluble in nitric acid, which dissolves silver and base metals, a property that has long been used to confirm the presence of gold in items, giving rise to the term "the acid test." Gold has been a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since long before the beginning of recorded history. Gold standards have been a common basis for monetary policies throughout human history, later being supplanted by fiat currency starting in
Acid–base reaction HA represents the acid, B represents the base, BH represents the conjugate acid of B, and A represents the conjugate base of HA. For example, a Brønsted-Lowry model for the dissociation of hydrochloric acid (HCl) in aqueous solution would be the following: The removal of H from the HCl produces the chloride ion, Cl, the conjugate base of the acid. The addition of H to the HO (acting as a base) forms the hydronium ion, HO, the conjugate acid of the base. Water is amphoteric—that is, it can act as both an acid and a base. The Brønsted-Lowry model explains