Since the dawn of time, gold and silver have been recognized as valuable. Ever wondered which of the precious metals is deemed the best for investment purposes? And why are they so volatile? If you're just getting started in precious metals, read on to learn more about how they work and how you can invest in them. There are many ways to buy into precious metals like gold, silver and platinum and a host of good reasons why you should give in to the treasure hunt.
Naturally, the gold you come across the most often is the gold colored gold that exists in nature. However, mankind has been able to make different colors of gold by mixing them with different metals.
Yellow gold, for example, is gold that has been mixed with zinc, silver, and copper. It produces a fine yellow color and is malleable enough to apply to any jewelry.
Rose gold is gold that is mixed with copper to produce a rose hue. It is not commonly found, as most people prefer gold, yellow gold, or white gold. However, it does have its fans, and you will occasionally see it on a piece of jewelry.
White Gold is gold that has been mixed with zinc, copper, and nickel. This type of gold is very shiny and is often mistaken for silver. Unlike silver, however, it does not tarnish. Lots of modern jewelry is made with white gold. The value of the various colors of gold depends on the karat of the base gold and the current market demand for a particular color.
A hallmark consists of five components - the Bureau of Indian Standards (BIS) logo, fineness or caratage number, the logo of the BIS-recognised Assay and Hallmarking Centre that certified the quality, identification mark of the BIS-certified jeweller, and the year of manufacturing. So, the next time you buy gold jewellery, check these five things to ensure quality.
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