When it comes to investing or gifting something special for a wedding or a festival in India, we always turn to gold. Gold's value fluctuates, making the precious metal more vulnerable to counterfeiting. Throughout its history, gold has been used by jewellers to trick or defraud their customers through counterfeiting. This is common because India is the world's largest gold user.
What distinguishes genuine gold from counterfeit gold? Anything less than 41.7% or 10 karats of gold is considered a fake by most international standards. At first sight, it's difficult to tell the difference between real and fake gold. As a result, fraudulent vendors have an easy time duping customers into purchasing counterfeit products.
Knowing how to test your gold for authenticity will save you a lot of time and, most importantly, money. Here are simple ways to identify the purity of gold:
While pure gold is not magnetic, many other metals are. If you have a strong magnet, you can easily verify if your gold is genuine by putting the magnet near the piece and seeing if it is attracted to it. When a magnet is put in front of imitation gold and other alloys, they are generally drawn to it. Since magnets are readily available, this test is very convenient. Gold does not rust, so if you see any signs of rust on your piece, you know it isn't real gold.
To determine if the gold is authentic, look at the hallmark certification. BIS (Bureau of Indian Standards) was founded by the Indian government to certify gold jewellery and gold coins. This label will be obvious because it will be hidden behind the gold. The certification specifies that the gold is of the standard that the seller says. The BIS assesses the purity and fineness of gold, ensuring that it meets and conforms to international and national purity and fineness requirements.
Gold is a thick, hard metal. As a result, testing its heaviness or density is one of the most powerful ways of determining its authenticity. Drop your gold jewellery in a bucket of water; if it is made of real gold, it will sink. It's always safer to buy gold from trusted jewellers to avoid being duped by fake gold. Purchasing gold from a small shop is not always safe, as jewellers can sell fake gold.
Real gold does not react with nitric acid. It does, however, react with other alloys such as copper, zinc, sterling silver, and so on. You must exercise extreme caution when carrying out this test. Wear gloves and a mask while performing this test in a well-ventilated room. To test, scratch gently on the jewelry's surface and use a dropper to add a small amount of nitric acid. It's likely that your jewellery is gold-clad if the surface turns green. If your gold contains sterling, a milky material emerges.
This experiment makes use of a popular kitchen item: vinegar! Simply drop a few drops of vinegar onto your gold piece. It's not true gold if the drops change the colour of the metal. The drops will not change the colour of your item if it is real gold!
Things to note before buying or selling Gold Jewellery
As opposed to jewellery with heavy designs, jewellery with little artwork would have lower production costs. On the making charges, you can still negotiate with the jeweller.
- If you're purchasing gold jewellery with precious or semi-precious stones, you can request a breakdown of the gold and precious stones before paying.
- When you buy gold, most jewellery stores claim to have a strong buyback policy and will give you 100 percent of the gold's worth. However, it is recommended that you sell your gold jewellery to the store where you purchased it.
- You must verify the purity of gold before purchasing gold jewellery. Karat and Fineness can be used to determine the purity of gold.
If you have any questions about the gold's consistency, you can have it tested at a reputable jewellery store. Almost any successful jewellery store will have a way to verify the gold's authenticity. The cost of having your gold tested will be deducted from your account.