How to Test Gold with Lighter & Other DIY Methods

Gold is one of the most expensive metals known to man. In fact, the price of gold hit an all-time high in August 2020, with one ounce of gold costing over $2,000. That makes gold a fantastic investment and a great way to get fast cash if you ever find yourself in a pinch. But […]

Understanding 10k, 14k, 18k, and 24k Gold karats

Gold jewelry comes in different karats, also known as gold purity or gold fineness. For wedding rings and engagement rings, the most popular gold purity is 14k, while finer pieces of jewelry usually are 18k gold. We seldom see 24k gold, and we barely encounter 10k in high-end jewelry. Related Read: Is Gold Magnetic? This […]

How Do Jewelers Test Gold?

Gold is a valuable substance, although several factors impact its total value. A question that often comes up is how jewelers test gold and determine its value, which is a process that involves making several key assessments. Learn more about this process and the testing involved to determine the value of gold. How Is the […]

Investing in Diamonds vs. Gold: Which Choice Is Best?

Along with being timeless keepsakes, gold and diamonds can have quite a bit of value. Many investors find diamonds and gold to be safe and smart investments. Although both diamonds and gold can give you a good return, it’s important to make sure you understand what investing in them entails. Learn the answers to some […]

Is Gold Magnetic?

When looking at your gold coins, rings, earrings, necklaces, and other gold jewelry, one may wonder if they are magnetic. Although the simple answer is no, there is more to whether gold is magnetic. Learn more about the magnetism of this precious metal. Related post: Is platinum magnetic: why is my platinum jewelry sticking to magnets and other […]