How Do You Check The Purity Of Gold?
Gold is valued because of its worldwide acceptance as currency. It offers stability as a store of value in any economic climate and is particularly important as a hedge in times of inflation and market instability. Gold’s value is determined by its purity and any number of economic factors, including currency instability, supply and demand changes and investor uncertainty. Checking the purity of gold is critical to making sound purchasing decisions and requires some knowledge of the metal. Test purity by using an acid test kit and following the instructions on the package. Test kits are expensive, require some technical knowledge and will cause a little gold to be lost as a result of the testing. Kits are available at jewelry supply stores and websites such as goldtestsolutions.com. Measure the value of gold in karats, with the higher count signifying the greater gold content. Karats are not to be confused with carats, a unit of weight for gemstones. The highest quality of gold is 24 k