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
Malic acid the racemic mixture, and the (S)- enantiomer may be specifically obtained by fermentation of fumaric acid. Self-condensation of malic acid with fuming sulfuric acid gives the pyrone coumalic acid: Malic acid was important in the discovery of the Walden inversion and the Walden cycle, in which (−)-malic acid first is converted into (+)-chlorosuccinic acid by action of phosphorus pentachloride. Wet silver oxide then converts the chlorine compound to (+)-malic acid, which then reacts with PCl to the (−)-chlorosuccinic acid. The cycle is completed when silver oxide takes this compound back to (−)-malic acid. Malic acid Malic acid is an organic