Wednesday 22 December 2010

GOLD Introduction

Types of Gold :

  • 24K - 999 Au
  • 22K - 916 Au
  • 20K - 835 Au
  • 18K - 750 Au
  • 9K   - 375 Au
  • Low - Fake Gold

Colour of Gold :
  • Can be purple, green, rose, white
  • e.g. purple gold is one of the trademark in Singapore

White Gold :
  1. Platinum (Pt)
  • Price is 30% higher than gold price
  • Melting point higher than gold
  1. White Gold
  • Purity: 750 gold plated with rhodium & palladium to make it look white
  • Price is higher because FEDMAS not control on it

Characteristic of GOLD :
  • Metallic Yellom
  • Moldable
  • Ductile (Elastic)
  • Dense
  • High Thermal & Electrical Conductivity

Melting Point:
  • Platinum (Pt)  -  1773 C
  • Gold (Au)  -  1064 C
  • Silver (Ag)  - 962 C

Types of weight :
International standard : Troy Ounce (Oz)
Others : Troy pound, Gram, Mayam

1 Troy Ounce = 31.103 gram
1 Troy Pound = 12 Troy Ounce


Testing Method :
  • Gold Acid Test - Hydrochloric Acid
  •                         - Sulfuric Acid
  • Density Test (solid)
  • Atomic Spectrum Meter (Lab)

Factors influence gold price in Malaysia:
  • International Gold Price Movement (kitco)
  • Currency Exchange Rate ( RM vs USD )

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