WHAT IS WHITE GOLD?

 We are used to talking about white gold, red gold ... but how do you get white gold?

To achieve the different chromatic finishes of gold, they add different substances that will make the yellow, copper or white tones stand out.

What is white gold made of?

White gold is an alloy of pure gold and palladium or platinum.

Normally 18 karat gold, which is what we offer in our stores and in high-end jewelery, is made up of 18 parts of gold and 6 parts of palladium or platinum.

White gold can also be found in 14 karat or 9 karat. These alloys are of course cheaper than 18 karat as it has less gold.

What is rhodium?

Rhodium is a pure precious metal, which is used among other things to coat white gold pieces and give them a mirror-white finish that pure white gold alloy lacks.

Rhodium is applied to gold as a coating, which has a limited life.

This is not a major problem because coating your jewelery with rhodium again is a not very expensive operation and returns the piece to its original splendor.

Are there jewelry made of rhodium?

How many times have we heard that someone has been given a jewel or that they have even bought it in stores, usually costume jewelery.

 Read also:   How to create a wealth in gold the king of precious metals

Read also:   Reasons why everyone should have gold

Read also:   The main properties and characteristics of gold as a metal

Well, it is false, since rhodium is a very inconsistent metal to make parts only of this material, and also, in the hypothetical case that it could, it would have a very high price.

Is white gold more expensive than yellow?

That's right, but the modernization and mechanization of the processes for coating rhodium white gold jewelery, as well as the drop in its price, has made it almost equal to that of yellow sell gold.

However, it is a reality that white gold jewelry requires greater maintenance due to the possibility that the rhodium coating has to be repeated due to wear and tear caused by use.

Read also:   Aspects about the importance of gold as an asset that you should know

 

Read also:   Buying and selling of gold in Global Inter gold a profitable business for entrepreneurs

 

Read also:   Global Inter gold 24 karat gold bars as a means to achieve your goals

 

Read also:   HOW MANY CARATS CAN GOLD HAVE?

 

Read also:  How to buy gold generating income with the Global Intergold business

How to sell your gold profitably and transparently

 Thanks to the continuing economic crisis affecting our country, the number of shops scattered throughout the country has increased rapidly in recent years: it is a type of business that records important numbers precisely because it allows users to turning unused valuables into sounding banknotes in minutes.

Given the large number of objects and precious gold that each one possesses, which probably have been lying in a drawer for years and are completely unused, the temptation to give them away and receive cash in exchange to spend as you prefer is really strong.

There are those who decide to sell gold in order to go on vacation with their family, those who need it to cope with sudden expenses or to be able to make purchases that would otherwise have been too expensive.

To sell your gold in a safe and profitable way, however, you need to keep in mind some simple but at the same time very important rules, thanks to which it will be possible to close the operation in complete safety and make the most profit possible.

First of all, it is necessary to know that gold can only be sold by merchants in possession of an authorization issued by the police headquarters, and that this authorization must always be displayed. Therefore, we are wary of those merchants who do not comply with this first, basic rule provided for by law. Secondly, we remind you that each “Buy Gold” shop applies its price per gram : this means that the same gold object could be paid more or less according to the merchant to whom it is addressed.

For this reason, it is good to inquire about the actual price of gold before going to the store, so as to already have an idea of ​​what the reference price will be indicatively. We also keep in mind that not all merchants spontaneously communicate to the customer the price per gram applied in their point of sale, so it is preferable to ask the shopkeeper what the gold price per gram applied in that particular business and visit a greater number of shops so as to be able to make a comparison between the various offers received.

 Read also:  How to sell our gold items in total safety

Finally, remember to always request a receipt, at the end of the sale, which certifies the asset involved in the transaction and the relative agreed fee. Only by adopting these simple precautions can the customer be aware that he has sold his gold in the most profitable and transparent way possible.

Gold sales: what you need to know beforehand

 

The purchase and sale of precious metals and in particular the  redemption of gold is a free market and each buyer can freely set the redemption price of your jewel whether it is in gold, silver, platinum or other precious metal.

You must be particularly attentive when making your final decision and if you allow it, we give you 3 little tips, all common sense but which should be remembered when selling your property.

Tip # 1: before selling, calculate the real price

… Or at least try to make an initial assessment of the value of your jewel. The gold curb chain that you bought a few years ago for more than 500 Euros can be worth no more than 300 € today…

How is that possible? Beyond the price of pure metal (the price varies constantly and this is why we cannot give you a value for your gold by phone or by email), we will have to add our profit margin and of course the taxes. of the State (10.5% currently in 2015, but as you know, these taxes can vary according to the goodwill of our authorities…).

So calculate the weight of your object with a simple kitchen scale and you will have, at home, immediately, an approximate idea (depending on the quality of your scale) of the real weight of the gold jewel.

After that, you will have to determine the title of the gold present in your bracelet (to use the example cited above). Be aware that the vast majority of gold jewelry sold in our country is 18k gold. You can be sure of the gold grade of your jewelry by looking for a brand such as 750 (this indicates your indicates is 18 carats or 750 ‰). In addition, the United Kingdom State obliges the affixing of a stamp of title for the jewels of more than 3 g for the gold or of 30 g for the silver. Thus, the hallmark of 750 thousandth (or 18 karat) gold is an eagle's head. For 800 and 925 thousandth silver, a neck brace head (helmet) with a 1 or 2 for the first or second title. For platinum, a wolf or dog's head (950 thousandths) or a penguin if it is 999/1000 pure.

Tip # 2: before you sell, shop around the gold repurchases offices

If we take the example of the bracelet cited before, it is not surprising to see differences in the redemption of this gold object with enormous differences! Yes, yes ... it is possible because each buyer is free to set his price. Currently, the price of gold, its international quotation as you can see on our page “ gold price - quotation minute by minute ” is changing very significantly and this is due to the instability of the international markets (among which we must count on China and its surprising economic growth and the evolution of the Indian market, a large consumer of gold).

Beyond the incessant changes both upwards and downwards in the price of the precious metal, it is also necessary that you take into account the offer (you with your bracelet and your hopes of a nice immediate gain) and the trader who redeems your precious asset with the firm intention of making a good profit, as high as possible. Some know how to moderate, others will make you an almost indecent offer of redemption. Thus, according to the INC: "whatever the price of gold, the estimates proposed by the 'professionals' were well below those recommended by the experts, in other words consumers are not getting their gold." .

 Read Also: Buying Gold: terms, advantages and disadvantages

But if you have followed our advice n ° 1 , you cannot be mistaken on the weight and therefore on the price offered for the trade-in!

In conclusion, do not hesitate to ask for redemption proposals for your gold at 3 or 4 buying offices and at cashforyourgold , we will be completely ready to carry out a free appraisal of your jewel and offer you the best price. higher for your good. Moreover, we have specified widely and in detail on our site ( especially here ) the reasons why we are able to pay more for your jewelry in sell gold, silver, platinum or even your luxury jewelry watch.

Tip # 3: Before Selling, Check Your Buyer's Credibility

Any gold buyer must display at his point of sale the prices of precious metals and in particular the redemption and sale values ​​of bars, coins, etc. If you want to sell your gold with confidence, then take the It's hard to choose an interlocutor who shows you the basis of the values ​​on which he works. Regarding Cashforyourgold, we display international prices, values ​​that update every minute and based on the international quotation.

Tip # 4: do not send your jewelry by post

Beware of practices denounced by consumer associations. If you have been tempted by a remote gold buyer who does not buy the gold for the cast and not the jewel, avoid sending your property as it may be melted before your agreement. And once melted, you will be at the mercy of the one who has “inadvertently” and without your consent proceeded with this process ... Thus the buyers must all have signed a charter for gold redemptions at a distance. Ask your interviewer for this.

In addition, after reading advice n ° 2, you will have understood that the establishment of the gold price cannot be done remotely because between the time you send your jewelry and the time you receive your offer, the price of.

Read Also: How to buy or sell gold?

Why sell used gold to gold buyers

Gold: a metal that has attracted and fascinated the human being since ancient times.

It is used to embellish people, buildings, objects, and its charm knows no boundaries or time limits .

It was liked at the time of the Egyptians and Romans; it was liked by the grandmothers of the last century who, in giving gold objects, expressed all the affection and good wishes to loved ones. Young people like it, who use it in modern manufacturing to express sentiment when it is truly sincere.

Not only that: gold is a symbol of power, wealth, luxury and well-being, referring to individuals, but also and above all to nations and peoples.

The search for this metal, yellow and ductile, has given rise to stories and life stories that have stimulated the imagination of writers and directors.

Gold can be found in nuggets or grains in rocks , or in specks in alluvial deposits. In fact, the metal is distributed throughout the earth's crust, but it is convenient to extract it where, for various reasons, it has accumulated more.

The most interesting gold veins are found, as well as in alluvial deposits, where gold is dragged as a result of erosions caused by atmospheric agents, in metamorphic rocks and in igneous rocks. Here it accumulates in more interesting percentages, for a process of metamorphism, and it becomes convenient to extract it.

Getting gold from rocks, in closed or open cast mines, it is a complex and expensive process; you have to move large quantities of soil, use energy to treat the rocks and chemicals to extract the precious metal.

The most important gold deposits are found in South Africa, China, the United States (especially Dakota and Nevada), Russia, Peru and Australia. Unfortunately, however, gold mining is not a friendly process for the territory; the landscapes are upset by the displacement of large quantities of land, not to mention the explosions which are used to crush rocks. Furthermore, to separate the precious metal from the rocks in which it is present, potentially dangerous products are used, such as mercury and cyanide.

Without going into the details of the process that these elements carry out to extract and purify gold, it is important to know that given their high toxicity, large sums of money are needed to manage these operations, without compromising human health and the environment.

The problem is so significant that governments have set themselves the goal of trying to avoid damage to the ecosystem as much as possible . So we started talking about "ethical gold", that is gold extracted with methods that respect the ecosystem, but also attentive to the conditions of the populations living in the vicinity of the extraction areas.

 Read Also: Tips for best selling used gold

Ethical gold must be obtained without the use of explosives and without the use of dangerous products; we talk about environmental sustainability and social responsibility. The first envisages that all chemical agents that are enemies of the environment are avoided in the extraction phase; this involves an extraction made mainly from alluvial deposits. By social responsibility, on the other hand, we mean that aid and attention are provided both for those who work in the extractions and for the populations living in the areas in question. In practice it translates into respect for the various ethnic traditions, with structural works, medical assistance, education and training.

It is a step forward in the correct management of this ancient and yet still valid activity, but it is also a reflection that is essential.

The total gold extracted so far from the earth's surface is around 140 thousand tons, distributed in various forms and concentrations.

A part of this gold lies inert in the drawers of the homes of citizens who, because it is broken, unpaired, no longer current in form and workmanship, forget it and do not consider it.

In recent decades, alongside the traditional jewelers, various gold buying activities have sprung up . Even if they are often viewed with suspicion, these activities, when they are in good standing and managed by good professionals, represent a valid alternative to jewelry, when you want to sell gold that is no longer used.

A gold buying shop is regulated by specific laws and deals with the buying and selling of used gold. The purchased gold is then delivered to special refineries, which melt it and create new ingots of pure gold.

This implies a response to the demand for gold and, consequently, a lower need to extract the metal in nature. As we have seen, the less gold we try to extract from the veins, the more we protect the environment. Recycling the forgotten gold serves to be able to dispose of the metal and meet the demands in a simple and ecological way.

Selling your gold, no matter how old or broken, is easier than you might think. Just follow a few simple steps. First of all weigh the gold at home, in order to have an idea, even if not exactly exact to the milligram, of how much you have. Then just log in to any online site to find out the current price per gram. If desired, on some sites, you can also block the price, if it appears convenient.

Finally, we go to the shop, preferably more than one, with an identity card.

Here you listen to the purchase proposal made by the owner and if you agree you come out with the money, or with a check.

It is worth thinking about it, not only to use resources that are left in the drawers that are useless, but also to help this Earth already so exploited.

 

Gold and karats, I buy gold evaluation

The easiest way to get a used gold valuation, perhaps in order to resell your old jewels to get immediate liquidity is to go to a gold shop.

However, before doing this, it is advisable both to know the gold price in general and also, more specifically, to get an idea about the value of your used jewels.

 Read Also: Sell your scrap silver and raise some cash

For this purpose it is necessary to make a distinction between the valuation of used or worked gold , which is that contained in precious jewels and which, as is well known, never occurs in pure form, and the price of the gold itself, which instead it is always referred to pure 24 carat gold.

The official price of gold , easily available in trade newspapers or on many specialized online sites including those of the same gold-buying shops, represents the reference basis for commercial transactions relating to the precious metal.

However, as already mentioned, it refers only to pure 24 carat gold which is mainly found in the form of ingots, nuggets or straws.

On the other hand, all the gold contained in precious objects, such as jewelry, coins , watches, bracelets or medals, is not pure as it contains parts of other metals.

The purity of gold is expressed in carats or in titles.

Its maximum value is 24 carats which corresponds to a title of 999.99: this means that pure gold contains 999.99 grams of gold for every 1000 grams of alloys.

The price of gold, as it is set internationally at the table of the Bullion Market Association in London, represents the maximum gold price, which is that which refers, in fact, to the precious metal in its pure form and which, of course, is quite different. What compared to the used gold quotation.

The gold used, or worked if you prefer, has in fact a lower carat which, at best, never exceeds 18 carats.

Since the carat, unit of measurement of the purity of gold , weighs 41.67 thousandths of a gram, it follows that an 18-karat jewel has 750 thousandths of a gram of gold per thousand grams of alloy: in practice a similar jewel, which is precisely a title 750, is composed for 75% of gold and for the remaining 25% of other alloys, such as silver, cobalt, copper, and so on.

In the same way, a 12-carat jewel, which will have 500 thousandths of grams of gold per thousand of alloy, will be a title of 500 and, consequently, will be composed of half gold and half of other metals.

In this regard it must be said that most of the gold worked of national origin is around 18 carats, while 14 carat gold distinguishes the bulk of the sell gold coming from United Kingdom.

It is possible to know in advance, and with sufficient approximation, the value of the precious gold objects that you intend to bring to sell at a gold shop.

The gold carat in fact, made explicit by the punching, is engraved on the same jewels within a rhombus.

It is also possible to consult online the prices of gold , even used and worked, in a simple and fast way, since most of the sites in the sector, including those of the same shops I buy gold and metal banks, usually indicate the various gold prices divided, in fact, by carat.

Simply multiplying, therefore, the price of gold thus found by its weight (to know which a domestic scale is enough) you can have an idea, approximate but useful for avoiding nasty surprises when evaluating at the store I buy gold , of what can be obtained in cash from the sale of their jewels.

Once this is done, your precious objects can be taken to a trusted gold shop to have them evaluated. Of course, it is advisable to ensure that it is an authorized gold buyer (the authorization number must be displayed visible in the shop) and that each operation takes place in an atmosphere of maximum transparency and legality.

With regard to transparency, it is advisable, for example, that the weighing operations take place on sight, while it is good to know that the shopkeeper must proceed with the issue of a receipt relating to the purchase of the precious items, in addition the seller must have a document identity.

 

Sell physical gold for liquidity

We will have to live with the virus for many months and we have made a reason for it. We will have to live with the economic consequences for much longer ... and here the battle gets even tougher. Because once we are out of the emergency we will go back to making quick calculations, those of families, those of small and medium-sized enterprises that keep United Kingdom on its feet.

All of us at this moment need liquidity, for the expenses of each day or for small and large investments to restart the company. Selling the gold that you have at home or kept in safes can allow us to put together a nice capital, today that the yellow metal has risen again to rise .

Gold at the maximum: is it time to sell?

If you need liquidity, absolutely yes . This could be an excellent time to make cash and sell physical gold , whether it is used gold from goldsmith products or ingots and coins that had been invested over the years.

Let's quickly analyze the state of the art.

·         Gold is at its peak and has traveled above € 50 / gr since April 7.

·         Oil, on the other hand, continues or hits a downward record and today is 1/3 of what it was worth at the beginning of 2020. A truly eloquent sign of a highly unstable situation.

·         We crossed the threshold of the worst recession after the 1930s with an expected GDP of -3%.

·         Stock exchanges have started to rise again, but the trend is to escape from investment risk

·         The economic maneuvers of all western countries point to "powerful" injections of liquidity with interest rates reduced almost to zero and an inflation danger, so far only ventilated, but concrete in the medium term

All these factors contribute to pushing up the value of safe haven assets .

Read also:  Gold rush in times of pandemic

And the future of the economy?

A Federal Reserve study pointed out that although we speak of this crisis as the worst after World War II, the consequences will be heavier. Comparing, with due caution, wars and pandemics of the past, it was possible to deduce that from a war we recover faster than from a pandemic .

Considering a more reactive and healthy economy than the dark centuries of the plague or the Spanish years, it may take 40 years for interest rates to rise again and with them the propensity to invest .

We learned to see many certainties skip during this period:

·         Household incomes are reduced to a minimum , many  United Kingdom have had to apply for various types of subsidies, from layoffs to bonuses to citizenship income, and many will have to resort to loans.

·         Firms, which have been stagnant for weeks, need liquidity in order not to go bankrupt and meet expenses.

·         If the unemployment rate has been falling steadily for several years, it is likely that in the coming months it will see a sharp rise , because many companies will have to reduce their staff if not to close their doors.

Inflation, as we have said, is more than one possibility and will have an important impact on households' spending power

Where and how to sell used gold safely

Sell gold is a great way today to get more liquidity. Who to contact to sell the gold that we keep in safes or safes and to get the most out of the gold we intend to sell.

Just do a quick online search to realize that there are dozens if not hundreds of businesses that buy used gold in your area. Just choose one at random? Obviously not. Who to rely on?

The 4 golden rules to keep in mind

·         Contact a Metals Bank to be sure of quotes and security of the transaction. A Banco Metalli is a company that deals with the professional purchase and sale of precious metals and is regulated by strict rules and must guarantee stringent requirements. Trust Gold Buyers only if they are registered in the Gold Buyer Register.

·         Always personally check weighing and gold quotation , check the gold quotations used in real time.

·         Accept cash payments only under € 500 as required by law.

·         The only eligible expense in each transaction is € 2, the cost of the revenue stamp to be applied on the registration document of the transaction. All other expenses, if they do not concern your particular requests, are to be considered irregular.

Almost sixty years of experience in the sector of buying and selling precious metals make Cashforyourgold a synonym of experience, competence and safety . In addition, the continuous drive for innovation allows us, today more than ever, to reach you wherever you are to take care of your investments and to allow you to monetize your gold in absolute transparency .

Sell ​​your used gold from home too

With the lockdown and the restrictions on mobility also foreseen in phase 2, it is not always possible to reach our offices in Wolverhampton. In the same way if you live far from our office, but you still want to rely on the experience of Cashforyourgold, now you can do it while staying at home with the Orobit service , the innovative online remote recognition service that responds to all the needs of our customers who they need to monetize their gold (ingots, coins, jewels, used gold but also silverware). You can sell or divest your gold whenever you want : we collect it, evaluate it with you in a video interview and pay it in a few days.

It is a simple and convenient service:

·         Enter what you want to sell in our portal

·         Book a video interview

·         Send us all the documentation

We will send an insured courier at our expense to collect your valuables and we will contact you on the date indicated by you to proceed with the recognition, the opening of the package, the control of its contents and the official quotation.

In a particular and unusual historical moment you need certainties and a safe haven . Trust your consultant or our experts, stay informed, be rational.

 Read also:  Why is gold so precious?

For any information, do not hesitate to contact us! Our consultants are always at your disposal by telephone on +44 1902 623253