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 When a weak acid reacts with a weak base an equilibrium mixture is produced. For example, adenine, written as AH can react with a hydrogen phosphate ion, . The equilibrium constant for this reaction can be derived from the acid dissociation constants of adenine and of the dihydrogen phosphate ion. The notation [X] signifies "concentration of X". When these two equations are combined by eliminating the hydrogen ion concentration, an expression for the equilibrium constant, "K" is obtained. An acid–alkali reaction is a special case of an acid–base reaction, where the base used is also an alkali. When an acid