Is Gold Magnetic?

Is Gold Magnetic?

Is gold magnetic? It’s important to understand whether gold is magnetic, so you can quickly determine whether your coins or jewelry contain pure gold. While gold is generally non-magnetic, anything less than 24-carat gold contains other materials to harden it and...
The Ultimate Guide on Gold Purity Measurements

The Ultimate Guide on Gold Purity Measurements

If you’ve shopped for gold jewelry and other products, you’re probably familiar with the term karat or carat (abbreviated K or kt). Karat is the most commonly used measure of gold purity, and its scale ranges from 0 to 24. A karat signifies the percentage of gold...
If the Stock Market Crashes What Happens To Gold?

If the Stock Market Crashes What Happens To Gold?

While the global stock markets have been on a downward spiral, gold seems to be rising. According to CNBC, gold prices inched higher around mid-2020 to trade at more than $1,800 per ounce, surpassing a significant milestone not reached since 2011. This surge has left...
What Are Gold Sovereign Coins? Should You Buy Them?

What Are Gold Sovereign Coins? Should You Buy Them?

Gold has proven to be a safe and profitable investment throughout history. This precious metal offers an excellent portfolio balance, protection against inflation, and security against political and economic uncertainties. There are several ways to invest in gold, and...
How to Invest in A Precious Metals IRA

How to Invest in A Precious Metals IRA

Investing in a Precious Metals Individual Retirement Account (IRA) has become one of the most popular retirement plans for many people in the United States. Investors can choose several types of assets such as stocks, mutual funds, and bonds at a bank or a broker. But...
What Is The World’s Purest Gold Coin?

What Is The World’s Purest Gold Coin?

Gold coins have been used as a currency for more than 5,000 years. Today, legal gold coins are minted by governments and banks around the world and sold to investors and collectors worldwide. To this day, gold represents the ultimate form of wealth and prosperity. The...