How to Recognize Original Gold
Dec 07, 2020
“Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold.” Leo Tolstoy.
Being one of the most expensive metals in the world, gold is a symbol of value literally and metaphorically. Since historical days, the process of extracting, processing, selling and buying gold has turned into a significant part of the world economy. Today China, Russia, and Australia are the top 3 producers of the gold bullion, which is the component for jewelry production.
With a production value in billions of US dollars, this business attracts a lot of fraudulent people. They learned to implement processes that combine cheap metals in such a way that it gives an appearance of original gold. Unfortunately, many people do fall for such imitations of gold and end up investing a lot of money. We want to share with you some tips on how to distinguish original gold from fraud.
In order to identify gold, it is important to note that there are 3 main types of the metal: new, old, and fake. New gold refers to products that are produced right after the refinement and purification of raw material. Such products can be usually found on the display of luxury jewelry stores.
Old gold is somewhat the reproduced version. Is it usually created from the combination of recycled jewelry and some raw gold. Usually, price-wise old gold should be slightly cheaper. However, since the difference is difficult to spot, many set the price at the same level as new gold.
Meanwhile, fake gold usually has very little or no gold ingredient at all. Hence, the entire composition of the products is different from real gold. Although there are various technologies that allow experts to identify the validity of gold, there are also some simple methods that can be applied on the spot:
- Color check. Fake gold tends to peel off the top coat of the product. Moreover, some color fading may be observed over the next few months.
- Acid test. It is a simple test based on a chemical reaction. All you have to do is make a small scratch on the gold surface and tap it with a drop of trioxo nitrate acid. As long as there is no reaction, you are dealing with real gold. In the case where some coloration is observed, then it is better reconsider your suppliers of gold.
- Sound test. When metals collide amongst each other, they produce certain sounds and frequency. Refer to online videos where you can see the sounds that should be produced by real gold.
- Magnet test. Probably the easiest and quickest test to perform is with a magnet. Natural gold is non-magnetic. If the product responds to the magnetic field, this would be a case of fake gold.
Be sure to invest in gold only from reliable gold stores and gold suppliers. If you follow the tips mentioned above, the chances of you falling into a trap will equal to zero.