Gold has been a precious and highly coveted metal for many years. In previous civilizations, for example, it was believed that this material had magical and mythological powers, managing to satisfy all the demands of the moment.
Due to its composition, it became an ideal material for marketing. According to the World Economic Forum, gold does not dissipate in the atmosphere, it does not burst into flames, it is rare enough to make it difficult to overproduce, and it is also malleable, making it perfect for minting into coins, bricks, and ingots.
Although its value has changed compared to what it had many years before, gold is still a very interesting and attractive element for people around the world, hence the importance of verifying when one of these pieces is real.
To identify when a piece of jewelry is really pure gold, there are some homemade techniques that can help you certify it. Among the most famous are the following:
Vinegar: this method has to do with placing a gold jewel in a container with vinegar for about 20 minutes. After time, if it is gold it should shine, if on the contrary it changes color it may be a fake item.
Fire: You can expose the jewel to fire for a period of one minute, if the piece is still intact it means it is real, if on the contrary it melts or deteriorates it could be another metal.
Magnet: gold is not a magnetic material, therefore So if you expose it to a magnet and the jewel reacts, it is most likely not the real material.
Density: gold is a heavy material, so if the piece feels very light having a considerable size, It may be a scam.
Lemon: the lemon test is also commonly known, it consists of squeezing a lemon over the jewel and then wiping it with a dry white cloth. If the handkerchief is left with residue of another color, it means that the piece is fake.
However, to certify whether a piece of jewelry is real gold, it is important to consult with an expert, who can perform an analysis with basic knowledge to provide clarity on the quality of the material.
According to the economic portal, Investopedia, there are several reasons why it is recommended to invest in gold, among these are:
Weakness of the US dollar: according to the portal specialized in economics, in the midst of the economic crises that several countries have suffered in recent years, gold has increased its value, even doubling it, which many understand as an aspect of confidence to invest.
Increased demand: according to the portal, the increase in wealth of some emerging market economies has boosted the demand for gold. In addition, it is a material widely used in several traditional cultures, which is why it remains in constant demand.
Portfolio diversification: it is a good way to diversify the investments you have. According to the portal, several investors usually combine portfolio stocks and bonds with some investment in gold.