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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? 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. It means that you must tread carefully to avoid losing your precious metal which can be exchanged in a twinkle of an eye. However, you can stay informed by using a lighter. Here are the ways through which you can check if the gold you have is real using a lighter.
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. You can read more here for a breakdown of how it translates to value. The value is determined by the Gold Per Gram Calculator. Gold’s value rapidly begins to decline if its content goes below 10 karats. Note that there are common fake gold tricks that sellers will use to lie to you that this product is worth more that it is. Although it is not always a scam, some jewelers have a habit of passing off washed pieces as the real deal.
Some dealers also capitalize in gold plating to scam their clients. This trick has been there for a considerable duration and people should not fall to it in 2023. Yet again, you should be careful not to fall victim to pyrite application. No wonder it is called “fools gold”. Remember that cheap, fake gold leaves some discoloration when pyrite is exposed to the atmosphere.
Gold testing is an industry on its own because there is a lot of money involved in confirming the authenticity of the product. In fact, you don’t need sophisticated machines or chemistry labs because you can use what is easily accessible. Using a simple household item like a lighter, you can test to see what you are dealing with here. First, ensure that you choose your weapon carefully because not any other old lighter will do. 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 heat the gold for at least 60 seconds. In this site, you will learn more about gold and other precious metals.
This post topic: Financial
