buyers guide

What is Gold?

Gold is a precious metal. It is mined in South Africa, United States of America, Australia, Brazil, Russia and Canada.

Gold is malleable, ductile and so is used to hold gems in place.

Gold has a financial as well as an ornamental function – it can be purchased for investment in the shape of ingots, medals or coins. The price of gold is set many times a day in the Stock Exchanges around the world.

Gold is measured in ‘carats’ which indicate the amount of gold in the piece in proportion to other metals. For instance gold designated as 18 carat has 750 parts of gold to 250 parts of other metals. Pure gold is 24 carat. The hallmark indicates the cartage.

There are different types of gold: yellow gold, rose gold and white gold – which differ from each other in terms of the other metals used.