This equation represents the preparation of gold sol by
\[
2 \, \text{AuCl}_3 + 3 \, \text{CHO} + 3 \, \text{H}_2 \text{O} \rightarrow 2 \, \text{Au} + 3 \, \text{HCOOH} + 6 \, \text{HCl}
\]
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In redox reactions, identify the species being reduced (gaining electrons) and those being oxidized (losing electrons) to classify the reaction correctly.
The given reaction is a reduction reaction where gold (Au) is being reduced from its \( +3 \) oxidation state to its elemental form \( 0 \). The other species involved are being oxidized, indicating that this is a reduction process.