Beware of Bogus Gold Bars - Heanjia Super-metals Co., Ltd.

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Beware of Bogus Gold Bars

The gold buyers always want to buy the real gold only, regardless its price everyone wishes to purchase real gold metal. But now a days to make the gold cheaper several suppliers sell fake gold tungsten. It is in rumors that the unverified sources are selling the gold containing tungsten in the form of heavy stone. Since there is a huge price difference between the tungsten and Gold, one pound of Gold can be purchased at $18,000 whereas one pound Tungsten costs only $25. Due to this wider difference, it is considered as an arbitrage chance to earn huge money for unscrupulous vendors to sell tungsten with the tag of gold. However Tungsten is popular for industrial uses in the various forms like Tungsten Wire, but it is rarely used in the jewelry.

Difference between Tungsten and Gold Properties

Gold is called as the king of jewelers. Earlier days, the pure Gold was categorized in the 9K, 12K, 15K and so on. Considering the demand of Gold several gold products are incorporated of Tungsten instead of only Gold because of its lightweight properties. With a polish, Tungsten shows resistive nature to corrosion. Thus, it needs less maintenance just like Gold.

The density of Gold is 19.30 gm per cubic centimeter at the normal temperature and its melting point is 1947.5°F. The liquid density of Gold is 17.31 gm per cubic centimeter. On the other side Tungsten has 19.25 gm per cubic centimeter density at the normal temperature while the liquid tungsten has 17.6 gm per cubic centimeter density and the melting point is extremely large up to 6,192°F.

However both metals are used in jewelry and have close densities but actually they are different elements. The tungsten metal coated with gold of 400 ounce would cost around $50,000 which includes the test like sound pass, chemical test, weight test and X-ray scan. Oppositely the Tungsten slugs with large profit of $500 bar do not need to go through chemical testing and x-ray scan because the gold coating is not very thick to qualify them.

How to Identify the Bogus Tungsten Gold Bar:

It is easy to identify the purity of Gold. It actually requires vital material modifications to the bar tested which adversely affect the marketability the brand trueness was justified. This is why the Gold prospectus states that none of the trustee and custodian can self confirm the trueness of Gold provided to the trust. Despite, the experts can identify if the tungsten is present in the gold items. However, in several cases Tungsten was really found in the gold bars.

Gold options

If you are concerned for the purity of Gold you can also choose other expensive metals such as Silver and Platinum which are the strong competitors of Gold. All three are very close to each other in terms of their prices. Also silver and platinum have vital industrial uses. For example Silver is used as Silver mesh in industrial applications. The platinum and silver are widely used in the fashion items, mobiles and catalysts. So, to protect yourself from the bogus gold, silver and platinum offer you the most secured options.

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