Gold prices have risen once more, hovering around $67.49 per gram. Make anyone want to invest in gold, including gold bars and jewelry.source picture : pixabay.com
As a point of reference, Antam's gold price on September 21, 2020 is $69.11 per gram. This price has decreased.
Exactly $2.77 lower than on August 7, 2020, when gold bullion sold for $71.87 per gram. The most costly in history.
The gold owner must be upset in that situation. Choose between buying and selling. Millennials who want to try their hand at investing are included. When you buy gold at a high price, you are concerned that the price will fall and you will lose a lot of money.
Meanwhile, if it is sold, the price of gold may continue to rise, and the profit will be minimal.
Regardless of whether you buy or sell gold, you should be aware that there are bad people who engage in gold counterfeiting in order to profit greatly when gold prices rise.
You must exercise caution. Don't be duped into purchasing fake gold. To avoid losses, you can also check the authenticity of gold in the following ways:
1. Examine Physical Appearance
The first step in determining whether gold is genuine or counterfeit is to examine its physical form. On the original gold part, there is usually a stamp. The stamp indicates the gold grade.
Some people write it in fineness units, such as 1-999 or 0.1-0.999. However, the carat unit is commonly used with the numbers 24C, 23C, 22C, and others.
2. Take note of the color
This method is also quite simple. Simply rub your index finger or the palm of your hand over the gold surface.
If the color does not change, the gold is said to be genuine. However, if the color fades and is no longer the same, the gold is most likely fake.
3. Gold Bite
If you find this method strange, trust that it is correct. Because of its soft nature, gold is one of the precious metals that is easy to form. The softer it is, the higher the carat value.
Attempt to bite the gold. It's real gold if it leaves a mark on the surface. If it's the other way around, you should be suspicious that the gold is fake.
4. Make use of magnets
You are well aware that gold does not have non-magnetic properties. That is, the gold will not stick when brought close to a magnet. There will be no tug-of-war. If this reaction occurs, it is obvious that the metal is not gold.
5. Play with paper or ceramics
Another simple way to test the authenticity of gold is to perform a test run with only paper or ceramic as a tester. Simply scratch the gold onto the surface of the paper or ceramic.
If there are black marks after scratching, it is obvious that the gold you are testing is fake. If there are no traces, it is undoubtedly genuine gold.
6. Nitric Acid Reaction Test
Dripping Nitric Acid or nitric acid on the gold body is the next method for testing the authenticity of gold.
When the gold reacts with the chemical, it turns greenish, indicating that it is simply metal coated with gold.
If, on the other hand, the color turns yellowish, this indicates that the metal you are testing is brass with a gold coating. Another thing to consider is that if the color changes to a milky color, it could be gold plated silver.
What about genuine gold? Even if it'meets' with nitric acid, real gold will not change color.
7. Pay a visit to the Official Gold Shop
The final step in determining gold authenticity is to go to your subscription gold shop. Of course, they have a device that can determine the authenticity of gold as well as its karat content. So, more precise, right?
Be cautious
It is difficult to determine the authenticity of gold. Especially for ordinary people. If you want to test the gold yourself, make sure you do it carefully so that you don't damage it.
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