Gold is one of the most stable and valuable assets since time immemorial. Investors still rank it high because it is considered a safe haven. If you have gold at home, know that it will one day save you from financial distress. It can be shocking to learn that you have been keeping fake gold all along. Remember that there are many gokd dealers and the number keeps growing. The vast number creates an opportunity for scammers as well. You need to be careful lest you fall into their hands. 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.
You cannot authenticate gold if you don’t know how a real one actually looks. Newbies in the industry don’t know what defines fake or real gold and this is where scammers come in to take advantage. 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. 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.
The other common trick unscrupulous sellers use is gold plating. It is one of the oldest tricks and it is surprising that many people are yet to know about it. Pyrite application is another trick you should be careful about. It is actually known as fool’s gold worldwide. Remember that cheap, fake gold leaves some discoloration when pyrite is 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 recommend lighter is a butane lighter filled with actual lighter fluid.
You will need a nail to hang the gold on the wall. As you direct the flame on the metal, observe the changes in the color because real gold should turn lighter. 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.