Gold is used on every auspicious occasion in India. Gold is most important in marriage and donation. Customers buy gold or silver jewelry on auspicious occasions like Dhanteras and Akshaya Tritiya. Apart from this, people also use it for investment and other purposes.
However, to ensure that you are getting the right value for your money, it is important to check its purity. However, do you know how to check its purity?
Check hallmark
The easiest way to check the purity of gold is hallmarking. It is a quality certificate of the Bureau of Indian Standards (BIS) to identify real gold. Hallmarking has been made mandatory on gold jewellery etc. from June 2021. This guarantees that the gold you are buying is completely pure. Hallmarking is represented as a triangle. Apart from this, you should keep one more thing in mind.
When you buy gold, you must ask for a bill-breakup to know the cost of hallmarking on the bill. On the other hand, the purity of gold is measured in carats (K), and 24-carat gold is considered the purest. However, the purity of jewelry is usually 18-22k. Apart from this, you can also check for two marks (GF or HGP) on a piece of gold indicating its purity.
Use a gold testing kit
Gold testing kits are available in the market, which can help you determine the purity of gold. These kits usually come with a testing solution. It also comes with a testing stone. You have to scratch the gold on the stone and apply the testing solution to it.
The solution will react differently depending on the purity of the gold and the kit will come with a chart showing the level of purity based on the color of the reaction. By matching this, you can easily check the purity of gold at home.
Acid test
Gold (latest gold prices) is a very special metal. It produces resistance to oxidation or change by acid. You can rub the gold-colored item on a jeweler's black stone, which will make the mark easily visible. Mark testing is done by applying nitric acid and hydrochloric acid, which dissolves the mark on any object. However, this does not happen with pure gold.
Check the density
Gold has a unique density and testing can help you know the purity of gold (Ways to know the purity of gold). For this, you have to weigh the gold and then dip it in a container filled with water and see its volume. The density of gold can be divided by its weight by its volume. The purity of gold can also be checked by comparing its density with the density of pure gold.
Importance of trust
Usually, when you go to buy gold (latest gold prices), you are not allowed to do all this testing. If a reputable seller tells you they are offering you 99.99% pure gold, you usually believe them. You don't test every coin or every bar. Know that the gold industry is generally based on trust.
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