gold bullion information

Although people have used precious metals such as silver and platinum for ages to make jewellery, none of them is as popular as jewellery made from gold. One needs to look at the precious jewellery discovered in the tombs of ancient Egyptian kings and queens to understand the value of this precious metal. Although gold was quite affordable three decades or so ago, its price has appreciated considerably since that period, and there seems no stopping of this trend in the near future. Therefore, if you want to invest your money, buy gold today. You can rest assured that it will provide you with much more return on investment over the years compared to stocks or bonds.






















Loved by goldsmiths

As far as making jewellery is concerned, goldsmiths love gold the most, as it is extremely malleable and ductile. However, this malleability prevents jewellers from using pure gold to make precious jewellery, especially when making filigree jewellery. It simply will not be able to bear the abuse of daily wear. Therefore, goldsmiths mix gold with different metals such as titanium, cadmium, manganese, tin, zinc, iron, silver, nickel, or copper to increase its strength. As a result, the percentage of gold in the alloy is not 100%. Karat is the term used to describe the purity of gold, with 24K being the purest form of gold. If you want to buy gold of 24K purity, purchase it from any reputable bullion dealer.


More about purity

However, as mentioned above, it is not practical to make jewellery from pure gold. Jewellery artisans, therefore, prepare an alloy of gold along with some other metal to increase its malleability. The karat also determines the percentage of gold in jewellery. Therefore, a 14 karat jewellery contains 14 parts of gold and 10 parts of other metals. In the same way, 18 karat gold jewellery contains 18 parts of gold mixed with seven parts of other metals. You should understand that the colour of pure gold changes when it is mixed with other metals. In fact, goldsmiths mix gold with various other metals to obtain colours like red, yellow, pink and much more. Jewellery made with 14 karat gold is the most popular as its does not cost too much, yet, has the sheen and appearance of pure gold.


Add glimmer with precious and semi precious stones

While gold jewellery has a huge demand in the market, people also prefer jewellery items embellished with semi precious and precious stones. While diamond is the preferred choice of stones, they are very costly and can increase the prices of jewellery considerably. Therefore, jewellery makers often set other precious stones such as emerald, sapphire, and ruby in gold ornaments to make its price affordable.


Tips

Always purchase gold or gold jewellery from reputable stores. Also, ensure that the jewellery contains a hallmark. Typically, it consists of a number followed by `K,' which determines the karatage, or the percentage of pure gold that jewellery contains. Also, check for markings like `GP.' This means that the jewellery item is Gold Plated and should cost less than a similar jewellery make from 14K gold.