The gold purity is measured in the Karat system with a 24 point-scale is considered as the highest value with 100% pure gold. Gold ornaments with 12 Karat considered as 50% pure and only gold bar and coin come with 24 carats i.e. 100% purity. The rest of the ornaments manufacture in 22, 20, 18, 16, 14, 12, etc carat mixed with silver, copper, or iron to make it strong, tighten, and durable ornaments.
There are three ways to check the purity of gold before buying:
- Acid Test
- Electrical Conductivity
- XRF Technology
First, the acid test is one simple way to test the purity of gold.
The acid test kits typically come with multiple black touchstone and acid solutions. The expert gold tester rubs the black touchstone on gold which leaves a streak on the stone, and then it will make a parallel control streak using a piece of known gold which confirms the gold purity.
Second type, the gold jewelers used to identify the purity is electrical conductivity.
Jewelers use this technology to get the quality and purity of gold using specific
gel or liquid by creating a circuit between the device’s probe and gold.
Third test, the above two methods does not give more accurate purity of gold.
Attica Gold uses the XRF technology used German-made purity checking machine which shows the 100% accurate results with no loss of gold. This machine sends radiation through gold which X-ray fluorescence spectrometers (XRF) detects and reads to determine the quality and gold ornaments.
Release and Buy Pledged Gold Jewellery
It’s a common practice in India where people pledge gold and silver jewelry to the banks, pawnshops or financiers to arrange the funds for setting up a new business, the fund for arranging urgent medical bills because it’s a simple and fast process to get the loan on golds without many documents. It may be a good idea to pledge the gold and take a small loan against jewelry but not a wise deal to take a big loan against gold. Maximum people cannot release their pledged gold because of hefty interest. Mostly struggle to pay unnecessary interest rates which sometimes cross the double of gold price. Attica Gold helps the customer to release their gold from banks, pawnshops, financiers and buy back the gold at the best price than anyone else.