Gold, as we know, is one of the most valuable metals humans use. People love adoring gold jewelry as it is one of the best sources of investment. However, gold is not just about investment. It also has many properties you might need to be aware of.
Most of us buy gold in the form of gold jewelry or gold coin. Especially in India, women prefer gold jewelry to anything else. Let us know some facts and properties of gold and gold jewelry. Since 4000 B.C., people from different civilizations have been mining gold for jewelry making. People also believe that gold has properties that can cure health issues and has religious values attached; so, gold is not just science but also history, myth, and more.
As time passed, gold became commercial and also a symbol of wealth. Egyptian tombs were made of gold, and the western countries got their fortunes.
Measurement of Gold
Gold is measured in Karat, which determines its purity. 18K and 22K gold jewelry is widely available as it is easy to melt and mold to make gold jewelry. 24K gold is the purest form of gold from coins or bricks, as it cannot be molded easily. In making gold jewelry, different metals like copper, silver, zinc, and more are used to make it less soft and expensive.
Gold as Medicine
In the 1890s, German bacteriologist Robert Koch discovered that the compounds in gold could erase the growth of bacteria that causes tuberculosis. We have seen that the medical industry has discovered the best treatments and solutions for major diseases like cancer or HIV, and gold compounds have a major role to play in it.
Gold Colors and Plating
The purity of the gold color is yellow. But other shades of gold are also available: white gold and rose gold. The other colors come when the gold is added with other metals; for instance, yellow gold is added along with silver, nickel, or palladium to make white gold. Whereas rose gold is mixed with copper or metals with darker shades.
Gold plating in gold jewelry is a thin layer of melted gold applied on any metal. This process is done at a microscopic level. One thing to know about gold-plated jewelry is that the layer of gold diminishes with time, yet, people prefer wearing gold-plated jewelry as it is inexpensive.
Gold Purity Level
The purity of gold starts from 10K, 14K, 18K, and 24K. Karat is different from Carat, which measures a gem’s weight. As said, the purest form of gold starts from 24K meaning the item is 100% gold, 18K gold is 75% pure, 14K is 58.3% pure, and 10K is 41% pure.
Gold Rate
The gold rate keeps changing and fluctuating every day. Like the stock market, the gold rate depends on many other factors, such as supply, demand, inflation, etc. You must always be updated on the live gold rate per gram of 24k before buying any gold item. Nevertheless, gold is considered a safe deposit during any economic crisis.
In India, gold has and will always have demand regardless of the situation. The Indian market is filled with gold jewelry for major festivities and occasions. Knowing the generic facts about gold is important for a person to buy, invest or save as a security. There is more to gold and gold jewelry, and we recommend you research independently.
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