The Price of Gold

in gold •  8 years ago 

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Pure Gold Supplier:

Gold purity is one of the key features in determining the value of physical gold assets. Everything depends on the rate of gold, its purity, the commercial grade.

For investment and value assessment, the purer a gold coin, bar or ingot is, the more it is worth. Purity is determined by a value known as karats.

For example, 99 percent pure gold is 24 karats, 75 percent gold is 18 karats, 50 percent gold is 12 karats and so on.

Among common Gold Jewelries, Gold Bars and Gold Coins, the highest purity is 99.99%

In the U.S., the Federal Trade commission strictly regulates the karat markings used in the country for nearly a century.

Since the mid-90s all of the smaller gold bars made by modern foundries have a high level of purity and weight accuracy.

There are a variety of ways to determine gold purity. One of the least expensive methods is the acid-scratch test. Our vendors use advanced techniques and latest machines with high precision in order to ensure its purity and quality. For most individual gold investors, an acid-scratch test will be sufficient.

Read more about Karatbars in our blog http://ir.alfarab.com/#post9

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