What is Core & Satellite strategy?

You can balance risk and return via the Core & Satellite strategy!

  • Last Updated : May 2, 2024, 16:15 IST
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Investing in gold is the oldest method of investment. People buy gold for hobbies as well as for bad times. There has been a special craze for gold jewellery among women. However, one always has to be careful about the purity of gold in the market. The government has also alerted customers several times to buy hallmarked jewellery. But many times people buy non-hallmarked jewellery by mistake or due tocost.  Later they also have to bear the loss. If you are also going to buy gold jewellery, then definitely read this first. We are telling you how you can easily identify real and fake gold.

Hallmark is the most authentic way
If you are going to buy gold jewellery from the market, then pay attention that always buy it after seeing the hallmark on the jewellery. This mark tells the purity of gold. This mark certification is given to pure gold by the Bureau of Indian Standards. That is, there is no question on the purity of gold with this mark. But many jewelers also sell non-hallmarked jewellery for profit. Beware of such jewellers. Apart from this, there are some indigenous methods too, by which you can easily identify the purity of gold kept in your home.

Dip it in water
Real gold is easy to identify. You can easily identify gold by settling it with the help of water. When real gold is put in water, it sinks immediately, whereas if any other metal is mixed in it, it will not sink. It will float on the surface of the water. That is, you can find out with just a glass of water whether the gold you have bought is real or fake.

Magnetic effect
Yo can also identify gold with a magnet. Real gold does not get attracted to the magnet whereas if it has adulteration then it will stick to the magnet. That is, from this you can know whether magnetic metal has been added to your gold or not.

Identify with vinegar
Gold can also be identified with vinegar. Vinegar is available in almost every house. For this, put a few drops of vinegar on the gold. If your gold is fake then its colour will start changing, whereas real gold does not change colour with vinegar.

Published: June 16, 2023, 09:22 IST
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