Gold Buyer and Seller Facts and Trivia

When assessing the value of gold I get asked by customers and friends all sorts of questions about Gold and I thought I would share some trivia on the subject!

What are Gold Carats?

24 carat gold is pure elemental gold. 18 carat gold is 75% pure gold. 14 carat gold is 58.5% pure gold, and 10 carat gold is 41.7% pure gold. The remaining portion of the metal usually is silver, but may consist of other metals or a combination of metals, such as platinum, copper, palladium, zinc, nickel, iron, and cadmium.

Gold - A very noble metal!

Gold is a noble metal. Noble metals are infact metals that are resistant to corrosion and oxidation in moist air. While acids dissolve most metals, I use a special mixture of mild acids called aqua regia to dissolve and test gold. Hence the old addidge “you pass the acid test!

Uses for Gold

Gold has many uses, aside from its monetary and symbolic value. Among other applications, it is used in electronics, electrical wiring, dentistry, electronics, medicine, radiation shielding, and to strangely enough to colour glass.

Unreactive Metal

High purity metallic gold is odorless and tasteless. This makes sense since the metal is unreactive. Metal ions are what contribute to  flavour and smell so the the more pure gold is, the less smell and taste it will have!

On a sales note please do remember that we pride ourselves as being the leading scrap gold buyer in Herts and Essex and will beat  any bona fide quotes recived elsewhere within these area's.

Watch out for more gold trivia soon!

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