A Beginners Guide To

Dec 14th

Using A Lighter To Check if Gold Is Real

Gold is one of the most stable and valuable assets since time immemorial. Even today, it is still a safe haven that investors pile into during rough times. That metal in your possession could become a financial lifeline but are you sure that it is real? Many people keep these metals only to be surprised when they decide to sell them. Remember that there are many gokd dealers and the number keeps growing. The vast number creates an opportunity for scammers as well. If you are not careful, you may end up in the wrong hands of scammers. The good news is that you can avoid getting ripped off by using a household item – lighter. Read on to learn more about the tricks you can use to confirm if indeed the gold is real.

To begin with, you new to know the basics of gold and what a real one one is. The mixup is common with newbies who don’t know what real gold is. Fake gold is anything that falls below 10 karats. For a clear breakdown on how this translates to value, click here. The value is determined by the Gold Per Gram Calculator. The moment its content gets below 10 karats, it begins to depreciate. Some dealers have a way of playing with the mind to deceive unsuspecting clients that the gold is real. 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. It is one of the oldest tricks and it is surprising that many people are yet to know about it. It is also worth noting that some dealers use the trick of pyrite application. Pyrite is commonly referred to as “fool’s gold” around the world. If pyrite is exposed to the atmosphere, it leaves discoloration which confirms that indeed it is fake gold.

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! Using a simple household item like a lighter, you can test to see what you are dealing with here. Be careful because you can’t use any other old lighter and expect it to work magic. You need a proper butane lighter filled with actual lighter fluid and it should produce a 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. The result should come out after about a minute of heating. Find time to read more now about pure gold.

This post topic: Financial