Wohlwill process Wohlwill process The Wohlwill process is an industrial-scale chemical procedure used to refine gold to the highest degree of purity (99.999%). The process was invented in 1874 by Emil Wohlwill. This electrochemical process involves using a cast gold ingot, often called a Doré bar, of 95%+ gold to serve as an anode. Lower percentages of gold in the anode will interfere with the reaction, especially when the contaminating metal is silver or one of the platinum group elements. The cathode(s) for this reaction are small sheets of pure (24k) gold sheeting or stainless steel. Current is applied to the system,
Commodity (Marxism) of value, product-values in an open market are regulated by the average socially necessary labour time required to produce them, and price relativities of products are ultimately governed by the law of value. Commodity-trade, Marx argues, historically begins at the boundaries of separate economic communities based otherwise on a "non-commercial" form of production. Thus, producers trade in those goods of which those producers, have episodic or permanent surpluses to their own requirements, and they aim to obtain different goods with an equal value in return. Marx refers to this as "simple exchange" which implies what Frederick Engels calls "simple commodity