What scientefic precautions should you take while purchasing gold jeweller
Answers
Explanation:
If you buy bullion directly from the certified mint or reputed banks (selling bullion) we can reasonably be assured that the gold will be of the quality as certified - .999 or .997, etc. If you buy from a jeweller, you can only go by his word. Reputed jewellers will not cheat.
If you do not want the risk of impure gold, or simply do not wish to risk the safety, then best option is to buy electronic gold. Most countries have gold bonds that reflect the weight of the 24-carat / .999 gold (in multiples of 1 g). We can buy these bonds at prevailing value. These bonds can be traded in the market also (after a certain period of holding). They have a maturity period. During the holding period, they may also pay a small compounding interest and at maturity, one has the option to liquidate the gold at the then prevailing rate or exchange it for physical gold of .999 purity.