How I Became An Expert on
For centuries now, gold is still the most stable and valuable asset you can think of in terms of precious metals. It remains a safe haven for investors who know its value. That metal in your possession could become a financial lifeline but are you sure that it is real? The last thing you want to imagine is that you will discover later that what you think is gold is actually fake. Remember that there are many gokd dealers and the number keeps growing. It goes without mentioning that scammers have also found loopholes in the industry and are ready to pound on unsuspecting individuals. It means that you must tread carefully to avoid losing your precious metal which can be exchanged in a twinkle of an eye. Using a lighter, you can check the purity and authenticity of gold now! Read on to learn more about the tricks you can use to confirm if indeed the gold is real.
You cannot authenticate gold if you don’t know how a real one actually looks. The mixup is common with newbies who don’t know what real gold is. Everywhere around the globe, fake gold is defined as any item with less that 10 karats (41.7% gold content). You can read more here for a breakdown of how it translates to value. The Gold Price per Gram calculator will tell you how much the market will offer for your gold depending on the purity. Gold’s value rapidly begins to decline if its content goes below 10 karats. Sometimes the gold isn’t real but some dealers have tricks to lie about its content. One of the common tricks they use is gold washing where they can claim that washed pieces are the real deal.
Furthermore, be careful about gold plating which is another common trick dealers use. This trick has been there for a considerable duration and people should not fall to it in 2023. Pyrite application is another trick you should be careful about. No wonder it is called “fools gold”. It is easier to know fake gold because pyrite leaves discoloration when exposed to the atmosphere.
Testing gold is a global industry because there is too much money riding on whether what you claim to be gold is actually real. Gold testing at home is easy and quick because you need a lot of chemical knowledge or chemistry labs as you would here! All you need is a lighter. Be careful because you can’t use any other old lighter and expect it to work magic. A butane lighter with actual lighter fluid is ideal and it should produce tall flame.
Ensure that you hang the gold somewhere on the wall because it can get hot and burn your hands. You can make a conclusion based on the color changes on the gold. It should turn lighter in colour after heating for at least 60 seconds if the gold is real. Find time to read more now about pure gold.
This post topic: Financial
