Sunday, 7 December 2014

Testing the Purity of Gold

SELL GOLD FOR FAST CASH

To sell your gold for fast cash and ensure that you get a fair price for your ornaments, it is good to know the purity of the metal. This is measured in terms of karats.  You can take your gold items to a jeweler who has electronic testing kits as conventional acidic tests will cause loss of some amount of gold.

The term karat is derived from the carob seeds that were used as weights on balance scale to check the weight of gold in ancient Asian markets. As pure gold is too soft to be molded into any form, it is always mixed with other metals like silver, copper or zinc to make a jewelry piece, coin, wire or any other article. Pure gold is 24 karats (24 kt). The gold karat shows how many parts of gold and how many of another metal are there in a gold item. This can be explained with the help of the following chart:

Karats
Percentage of Gold
Percentage of other metal(s)
24kt
Gold 100.00%
Other metal 0.000%
22kt
Gold 91.60%
Other metal 8.4%
18kt
Gold 75.00%
Other metal 25%
14kt
Gold 58.5%
Other metal 41.500%
10kt
Gold 41.7%
Other metal 58.300%
6kt
Gold 25%
Other metal 75%

Since gold items are largely alloys, when the value of jewelry is evaluated for a sale, it is important to not only know the total weight of the jewelry but also the actual gold content in that piece.  While you get a good price for 22 kt gold, the ornaments with 18 kt and 14 kt can also bring a lot of cash if you have multiple items to sell. This money received can it turn be used for necessary expenses or simply to cushion against a sudden demand for cash in future.


To SELL GOLD FOR FASTCASH, you are just a call away from Silver & Gold for Cash in Canada. We buy all kinds of precious metals including broken and stained pieces to pay you the most attractive prices. Call us on 1-855-500-5993 to know more about ways to sell gold. 

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