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Showing posts from May, 2023

The difference between gold carats and gold plating

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  Gold is one of the most precious metals in the world, valued for its rarity, beauty, and versatility. But not all gold is created equal, and there are essential differences between gold carat and gold plating that every buyer should know. Before discussing the differences, we should know about gold carats and plating. This blog post will explore the critical distinctions between these terms and what they mean for jewellery purchases.   What a gold carat is: Gold carat refers to the purity of gold, measured in parts per 24. For example, people consider 24 carat gold pure gold, meaning it contains 24 parts gold and zero parts other metals. In contrast, there are 18 parts gold and six parts other metals in 18-carat gold, and in 14-carat gold, there are 14 parts gold and ten other metals. People often mix gold with other metals because pure gold is relatively soft and malleable, making it less durable for use in jewellery or other applications. By adding other metals, such as copper or

From fashion to finance: factors that will impact the future of gold

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  Gold has been a valuable metal for centuries and is one of today's most popular investments. Its value has been relatively stable over time and has long been seen as a haven for investors during economic uncertainty. However, like any other investment, gold futures are not certain and are subject to various factors that could impact their value. In this blog, we will explore the future of gold and some factors that could influence it. Some factors that could influence the gold price shortly Demand and supply: First, it is essential to understand the factors that influence the price of gold. Demand and supply are two of the most critical factors determining gold's price. The price increases when the demand for gold exceeds the supply; however, the price decreases when the supply exceeds the demand. Other factors influencing gold's price include global economic conditions, inflation rates, geopolitical events, and interest rates. State of the global economy: One of the maj