The practice of selling gold at tough times is very prominent in a country like India as the urge for money can make a man do anything. Emergency never comes with notice, so then, one needs money urgently and gold can be proven as really helpful in this case, because of its rich qualities. Gold can be preserved in n number of ways; it can be always kept at a safer place so that it can be used in bad times. One can extract money from gold to fulfill the demands so that they don’t feel the urge of selling it again and again. So here we are we with you, sharing some amazing and unbelievable facts of gold below which can completely leave you flabbergasted and surprised at the same point of time-
- Gold is the most popular metal for investment purposes.
In a country like India, where every resource is so rich in its availability, the availability of gold has never been scarce India. By the name of metals, steel and copper may click your mind, but gold has been proven the most popular metal as it has been available everywhere. Earlier the Olympic medals in India were of gold, silver, and copper respectively. Gold has always been the need of the people as it has been a great thing to gift, to present amongst all and for investment purposes as well. In many household places in India, gold has been more of an investment rather than a thing that is to be kept for fondness. It is considered an investment tool in bad times, as gold can give you a great value of it. It is the most precious stone for a reason. It is luminous and very prominent in its reach of people. It has been proven as a lifesaver as the emergency of money can make a man do anything for the sake of it. And rather than asking for money from money lenders, one thinks that selling cash for gold is a much easy option here.
- Pure gold will never cause you irritation or itchiness as it is very gentle and soft of skin
As we all know that since the ancient period, gold has been known for its purity and worthiness. But since the time passed, it has been very much witnessed that gold’s quality has always been depleted and degraded. The greed for money and resources made people blind and the quality of gold went down gradually. Gold has always been very prominent with its malleability quality. We all know that gold has been bifurcated into carat. When the carat of the gold is more, it is soft, moldable, and flexible. The gold is pure and true to its nature. When the carat of the gold is less, it is hard, rigid, and not very moldable in its nature. The gold is not that pure and worthy. It is more of an alloy because it is combined with other metals. The identity of pure metal is that it is very much flexible, sot, and moldable. It is pure gold in its color and texture and it never changes its color. The lighter carat gold will turn black after some point in time. It is very mild and gentle on the skin, it won’t cause any sort of allergies and won’t be harsh on your skin.
- Most of the households own gold in various forms
People around us do make arrangements for their low times; they keep things their secret treasures like money, insurance, and gold. Gold has been the highest preserved stone for harsh times by almost every household. It has always been preferred over any other medium of investment. Not only in forms of jewelry, but gold has also been preserved in various forms like gold plates, gold spoons, gold biscuits, and almost everything which can be replaced by an ordinary metal. Gold has malleable and ductile properties which are proven to be very helpful in all aspects as it is very flexible. Gold is the best friend of bad times as one can easily extract money out of it when required. Gold can be preserved in n number of forms as it has always been a dream of many when it comes to preserving or carrying it as an ornament. One has to keep it with utmost care and sincerity as it requires such.
- Banks are very big on buying gold
Accessing banks as a buyer of gold is sometimes very fussy as they take a lot of time to convert cash for gold. They are time-consuming when it comes to implementation and they give a very low market value price of the gold which is not worth it. Gold is known for its investment qualities and if one has preserved it for so long, it must not be in vain. Bank does not provide an advantage to the price. It gives the rate at which the seller has bought the gold previously. So selling to a company that can provide the value of the price is worth it. As selling gold is like selling hard-earned money so why not sell to someone who pays the exact worth of it with what the seller deserves. Many of the 3rd party companies offer some great jaw-dropping discounts so that the worth is been fulfilled at all times. Selling gold to the bank is not a loss but it is not a profitable deal as well.
- Local jewelry shops of gold do not give you the appropriate price
Local jewelry shops can somewhere misguide you at the time of pricing; it cannot give you the desired amount for your gold as it cannot serve you with a profitable price. A simple pawn jeweler cannot do justice to your gold price as it cannot provide you a profitable deal. A local jewelry shop is okay to buy gold, but it is not ideal to sell gold as the price varies from north to south and they do not abide by transparency and other confidential matters. One must always take the car that gold is their investment and proof of their hard earned money, so one must not degrade it by selling it at a place where it does not get the exact worth of it.
- Original gold can be identified by rubbing on stone
While selling gold, many of the people try and sell gold which is not real. It is mixed with other metals at a large number or maybe it is just gold plated. The original nature of gold can be tested, now you may ask how? As people in today’s time, there are many ways which can make the gold look original, and its legitimacy cannot be determined. Gold is known for its purity and flexibility. It has always been very true to its nature. There are many ways in which gold can easily be determined in its nature. But the major thing in which can be observed is a simple way. One can rub the gold on a stone, the gold which is original and true to its nature won’t leave any color or mark on the stone, and the gold which is not original will leave a golden tint on the stone which will prove that the gold is duplicate in nature as it is been painted and bee sold as gold. Selling duplicate gold by calling it original is a punishable offense.
- Gold was the most prominent in India since the ancient period
Gold has always been very prominent and renowned in every household as it has been known as a precious stone that can help one at any point in time. Earlier in ancient times, people never knew the value of gold that what it can bring to us, so the people used gold as a common stone. They made tools of it for hunting, they ate gold instead of gold and either gathered gold. Gold was found like other metals and its availability was very high then as nobody knew the worth of it. Gold was found that most in India, it was very flexible and moldable. Since the ancient period, it was very profound but no one paid the amount of attention it deserved. It was been researched and found out that this metal is worth preserving, it was discovered that gold has a value which can brig lots of buck to the person.
- Gold was the first stone which was used by humans
The culture of gold mining was discovered after a very long point of time, nobody earlier knew that gold was been brought up by the method of mining. Earlier we had gold metals, gold utensils as it wasn’t valued like it is done now. Other stones like silver and copper were not considered using as they were very hard and rigid, they weren’t molded the way they were to be. Silver and copper weren’t that attractive like gold. Earlier gold was available openly in green areas like forests and hills. So it was treated like any other stone by the people of the Paleolithic era. But slowly the use of gold decreased as it became an endangered species of stone because of its excessive use. It started becoming a rare species of stone that was hardly found and the price of the stone started touching heights. So the use of gold was been rare day by day. And in the medieval age, it was discovered that gold has been buried under a very deep layer in the earth. So the process of mining was discovered in which gold was been dug from the ground.
- Selling gold is a 10-minute task
In today’s time selling gold is a 10-minute task. Earlier the ways were very traditional and old who resulted in a very slow and gradual process was in a very hassling process. It often resulted in the process in which the person either lends money from some other party or drops the idea of selling their gold & If one sells gold to the bank, then they won’t get the appropriate price, if they sell gold to a local pawn jeweler then it is time-consuming, so one must go a company which gives a complete homely treatment to their clients. But now, in today’s time selling gold is very easy as the ways and rules are very simple. One needs to follow some rules in which one can do it every time they need to sell their gold. The rules are that-
- One permanent residential proof is required
- Bill from the gold buyer is required which proves that when one has bought that gold
- Permanent identity proof is required which states that you are a citizen of India.
- The gold with high purity value is very molded able and soft
This is the standard way in which one can determine the quality of gold is to check the purity value of gold. Original gold is true to its color and nature. It is very soft and moldable as it can be molded in n number of ways and n number of times. Original gold is found in the southern part of India as the gold mines over there are very large in number. Gold is not only an ornament but a medium that can be used in problematic times. The original gold is very soft and 24-carat gold is exactly what is stated earlier above. To make the ornaments last longer gold is mixed with metals like silver and copper so that they can get a structure and shape. But many people misuse this quality of it as they mix more metals and less gold in it. There are many ways in which one can determine the legitimacy of gold.
These facts are somewhere very surprising and they tell us a lot about gold and its properties.
