Even if you are not a jeweler, you should be concerned about the authenticity of the gold items happen to be purchasing. Buyers should know how you can spot a fake gold. However, you cannot always rely on your senses to check if a hoop or bracelet is really made from genuine gold. Most people cannot exactly tell a genuine and fake gold apart. This is the reason why a gold testing kit is necessary.

Gold became the standard medium of exchange around 1500 BC. The regions of Nubia in Egypt were gold-bearing creating Egypt a truly wealthy nation that used gold in international trade. It was also around this time when the Shekel was required as standard of measure in the center East. The Shekel would be a gold coin weighing about 11.3 grams and contained electrum, an alloy to get naturally occurring and that contained 2/3 gold with 1/3 gold and silver. The testing for purity of gold began the particular Babylonian’s use of the fire assay around 1350 BC.

The dollar has strengthened along with the recent increasing amount of the Gold price as Euros are being converted into both dollars and cash. Is this temporary or fraudulent? Will the dollar fall in value?

About forty percent of world Gold reserves are meant for investments. Governments, corporations, and individuals purchase them as a hedge against inflation. Their current economic environment, Gold has never seemed much safer.

This was followed by more and even more discoveries of the uses of gold in lots of industries like telecommunications (1935), electronics (1947, the first transistor) and laser technology (1960, gold-coated mirrors). Intel introduced begin microchip that contained transistors connected by gold circuits in 1968. The following year, the Apollo 11 astronauts found themselves wearing gold coated visors.

Of course, the fairer sex knows far more on gold compared with the guys. Recognize the difference how to coordinate it with nearly any outfit in their wardrobe. Ladies have impressive collections of gold pieces, some of which are worn to work or causal get-togethers while that are displayed on more formal occasions.

There are unique places provide but belly is where it offers good price for your pieces. eBay, pawnshops, gold refiners, brokers, dealers and perhaps, your neighbor or friends. auctusmetals.com find endless markets. But deal only one gold dealers with reputable name on the gold industry if selling gold in volume.

Are at the outset of this step. The very smart hedge fund manager John Paulson, renowned creating a fortune through the housing market collapse, has recently bought large stakes in Anglo-Gold, an amazing South African mining company, and Kinross Gold, operating out of Canada.