Gold with different faces! What are the characteristics? | JEWEL CAFÉ Malaysia

Date published: June 3, 2020

Gold with different faces! What are the characteristics? | JEWEL CAFÉ Malaysia

Feature of gold

The melting point of gold is 1064℃, and the specific gravity is 19.32. Therefore, the melting point and specific gravity are both higher than silver but lower than platinum. For 18K gold and 14K gold which comes to alloys containing other metals, its specific gravity will be lower than that 100% gold.

Main countries of gold production and the application of gold

Jewellery holds for about 70% of total consumption in South Africa, Australia, the United States and China. In Japan and Italy, 18K gold is preferred, in the UK, 9K gold, and in the United States, 14K gold is preferred. Alloys made of gold with other metals come in a variety of colors, including yellow gold, pink gold, and white gold. The difference in color is caused by the difference in the type and amount to be mixed.

Gold as currency.

Since gold is traded as a currency, the market fluctuates due to the world class politics and economic situation can influence the supply and demand. It is said that the gold market moves in conflict with the dollar market because it is common for gold to be bought at the time of inflation.

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