Things you need to know about Gold
What to look for Gold
Gold, like no other metal, has a fascinating history. A rare element, gold is one of the most sought after precious metals because of its unique aesthetic and special properties. Gold is a dense, soft, shiny, malleable, corrosion-resistant, and ductile metal. Globally, it has been used for coins, jewelry, and other arts throughout recorded history. It has been used as an ornament of kings, a currency and standard for global currencies. Many ancient civilizations used gold for the detailing and decoration of tombs and temples. It is also used in Ayurveda in different forms.
In the Indian context, gold has always been a big part of our lives. We Indians love gold, Indians have a tradition of buying gold in the form of jewelry, coins, etc. especially around Akshaya Tritya, Dhanteras, and Diwali.
Buying gold jewelry serves dual purposes, first as a fabulous fashion accessory secondly a good investment. On average, Indians purchase the most gold in the world. The first piece of jewelry that is owned by almost every Indian women and many men too, is a pair of gold earrings which are pierced at a young age.
While you buy Gold we understand the difficulty you experience and the confusion you go through. So, to make it a more effortless task and delightful experience, we’ve listed down some simple information you need to know:
While buying a Diamond one has to look for 4Cs, in the case of Gold important points, you should consider are purity and color which will decide the price of the Gold.
Purity of Gold
When talking about the purity of Gold, we must understand Karat. The price of the jewelry depends mainly on the percentage of gold it consists of. The higher the percentage of gold, the higher the Karat and the higher the price you will be paying. Gold jewelry is available in different Karats. Karat is a unit of purity of gold with 24-karat signifying the purest form of gold. Pure Gold is too soft to be used for making jewelry. In Jewelry, gold is often mixed with other metals to change the color and strength. Alloys such as zinc, copper, cadmium or silver are added to the gold to make it stronger and more durable. Most popular forms of gold available in jewelry are of 22KT which contains 91% pure gold. 18-karat gold indicates 18 parts gold and 6 parts other metals, 18-karat is 75% pure gold.14-carat gold is 58.5% pure gold, 12-karat gold is 50% pure gold and 10-karat gold is 41.7% pure gold. Purchasing gold jewelry without checking its purity is a no-no and it always pays to check purity before parting with your hard-earned money.
Colors of Gold
Gold is used in different colors to make beautiful and intricate designs. It is available as Yellow Gold, White Gold, and Rose Gold. There is also a rarer green variety. The color of gold is defined by the type of metal alloys used in the gold and the percentage of each metal alloy in it. Pick the color of your choice depending on your favorite shade.
- Yellow Gold – It is the most preferred choice and has that classic look. Yellow gold is an alloy of gold and either zinc and copper.
- White Gold – It matches platinum or silver but has a slightly lighter hue. It is a good alternative for Platinum and goes great with Diamond. White gold is created by mixing gold with palladium, manganese or nickel.
- Rose Gold – Rose gold with its beautiful pink hue is currently trending globally. It is also referred to as Pink Gold & pairs great with colored stones. It is created by mixing gold in copper.
- Green Gold – Green gold is created by mixing in silver. It is usually more expensive than the other three because of the value of both silver and gold.
Making charges vary depending on the type of gold jewelry you are buying. This is because every ornament requires a different style of cutting and finishing. It also depends on how much fine detailing is required in the design, i.e., if it is a man-made or machine-made. Machine-made jewelry usually costs less than man-made ones. If a piece of jewelry has an intricate design, the making charges are higher and can go up to 20% of the cost of Gold. Some jewelers call it ‘making charges’ and others may term it as ‘wastage’.”
The gold jewelry and accessories made of a different color gold are available with us. We have the collection of classic designs created by some of the finest silver craftsmen. This guide will help you learn to identify quality in gold jewelry and accessories. Keeping in mind this information about the gold will guarantee you get the maximum out of your investment, in present and in future.
Cheap doesn’t mean the best; Don’t buy jewelry without bills; Don’t resell to other jewelers.