The mineral pyrite was historically nicknamed fool’s gold because of its deceptive resemblance to the precious metal.
The term was often used during the California gold rush in the 1840s because inexperienced prospectors would claim discoveries of gold, but in reality it would be pyrite, composed of worthless iron disulfide (FeS₂).
Ironically, pyrite crystals can contain small amounts of real gold, although it is notoriously hard to extract. Gold hiding within pyrite is sometimes referred to as “invisible gold”, because it is not observable with standard microscopes, but instead requires sophisticated scientific instruments.
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