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Although gold has taken a nosedive in world financial markets in recent months and has lost some of its luster, its value in the fields of medical drugs and industry has never been brighter. A researcher at Texas A&M University who has examined the precious metal for decades has uncovered new possibilities for gold during his work on the luminescence properties of the substance. John Fackler, Distinguished Professor of Chemistry who has conducted research on gold for 25 years, has observed that when placed in an excited state, gold particles can become phosphorescent, and the light produced under such circumstances could be beneficial in medical treatments and in industrial usage. Fackler's work, recently published in "The Chemist," a chemistry research journal, deals with gold properties and gold compounds.

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