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Gold

The Original Precious Metal.

The Gold Industry

Gold is considered the most popular precious metal, having been fought over since it was first discovered. Although the use of gold is now widespread, jewlerly still has a stronghold by consuming 60% of the world's production. Gold is also commonly used by central banks as reserves and plays an important role in international finance; the ever increasing innovation for the use of gold will keep it in the limelight for centuries to come.

  • Gold and Caratage

    Pure gold is often too soft to be used alone in jewelry and is combined with other metals to increase strength. Below is a breakdown of the common karats found in jewelry:

    24k - 99% gold - Considered pure gold
    18k - 75% gold - International standard
    14k - 58% gold - Widespread in the US
    10k and below - Cannot be sold as gold

  • Gold And Asia

    India and China alone account for 56% of the demand for gold jewelry. Both cultures are seeing an increase in new designs that fit new fashion trends and lifestyle choices. No longer is gold jewelry only reserved for religious or special occasions, it is now becoming more mainstream in these markets.

  • Gold and Mining

    Gold is mined all over the world in various methods. Gold can be dredged, panned, leached, and hard rock mined depending on where its found. Hard rock mining is most commonly used by large corporations to extract gold encased in rock. The deepest hard rock mine is found in South Africa at a depth of 12,800 feet. At such depths, heat from deep layers of the earth are unbearable and air conditioning is required.

  • Gold and Investing

    Gold is the most popular precious metal to be invested in. The different methods of investing in gold are: buying gold bars, buying gold coins, buying exchange-traded funds, buying gold certificates, obtaining a gold account, buying derivatives, or investing in mining companies.

  • Gold and Trends

    Due to its malleable state, chemically inert properties, and the fact it's a nonallergenic, gold is used in many unconventional ways. Since ancient times, gold has been consumed with food and beverages, used to tailor entire pieces of clothing, inserted into beauty treatments, and used to plate objects to signify wealth and prosperity.

  • Gold and Industries

    Gold adaptability and conductivity makes it a key ingredient for electronics, exceeding 300 tonnes a year in demand. Other industries in which gold can be found are: automotive, medicine, nanotechnology, space, and engineering.

Industry Leading gold testers
  • The AuRACLE has allowed me to detect fake jewelry without having to do any damage... Jane Chaikowsky
  • My business was an original client of the inventor and we have used the AuRACLE for over two decades... Sarah Schaffer
  • This product has performed flawlessly for me for over 10 years and my assay results are some of the highest in the industry. If you buy gold you need this tester! Andrew Muller
  • It is the most accurate gold testing equipment I have ever had the pleasure of using. Actually it is the only time testing gold has been a pleasure... Gary R. Smith, Senior Appraiser/Lead Auctioneer at Carolina Auction and Appraisal