The shiny metal, gold, has become a most precious commodity for jewelry and investment. There are many types of gold with the most popular types being the yellow gold, white gold, rose and black gold.
The yellow gold is currently the most common type of gold found on earth in various continents.
White gold is another alloy that encompasses gold and other white metals such as platinum or nickel.
Rose gold is another type of gold which is commonly known as red gold as it has a reddish hue but it is also called pink gold with its tinge of color. Rose gold is more likely to be found in the USSR. Rose gold is gold normally mixed with copper.
Black gold is also called grey gold which is used in forming jewelry pieces sometimes. Black gold’s color can run from white to dark. There are a few ways to extract black gold, especially Platination which combines oxygen and sulfur in an electro and chemical vapor deposition with laser blasting.
The purity of gold differs in each gold type, depending on the alloy quantum. The more alloy in the gold mix, the lower the gold purity. The purity of gold determines its karat weight. Pure gold will have 24 karat gold; a piece of 22 karat gold enjoys only 91.7% purity or a 22/24 point while 18 karat gold stands at 75% purity or an 18/24 point.
Gold Investments
Many turn to buying gold coins as a form of investment as well as to possess gold. There are many kinds of gold investments that one can venture into such as gold bullion that are valued based on the gold’s weight. Some worldwide bullion gold coins that are more popular like the gold nugget from Australia, the Krugerrand from South Africa and the Gold Maple Leaf from Canada; all in 1 troy ounce. Other bullion coins like the Gold Sovereign from UK and the Vreneli from Sweden are less than 1 ounce.
Countries like Liechtenstein and Switzerland allow gold bullion to be purchased or sold at major banks easily as an investment avenue. Gold bars can be purchased in different sizes with Europe offering these at 1 kg or 12.5 kg (1 kg equaling 32.15072 troy oz.) while others are offered in 1 ounce, 10 ounce or Tael bars.
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