18 Karat Gold Information

Cash4Gold strives to educate its customers about precious metal, because an informed customer is a happy one. We would like you to know a little more about 18k gold.

Once upon a time someone found a shiny yellow pebble, took it home and thought it was pretty. Soon they realized that it would tolerate pounding and it could be shaped into virtually any form. They saw that it did not tarnish and it did not react on the skin like some other metals in use.

Since gold showed so many unusual properties and seemed to be difficult to find, it became a symbol of royalty and power. Gold is the most frequently mentioned metal in the Bible, and it always speaks of its fineness and value. Gold helped money become what it is today because it was scarce yet portable, which made it valuable. A standard measurement was possible with this type of commodity. At marketplaces, vendors used seeds from the carob tree to measure out gold. The weight of these seeds was believed to be remarkably consistent, so the seeds were put on one side of the scale and the gold on the other. The weight of the gold was equal to the number of seeds. Unfortunately, a study was recently done on the accuracy of measurement with these seeds and it was found that the seeds were not nearly as consistent as believed. Today gold is measured by the troy system. This is an ancient measuring system that is still used by pharmacists as well.

Buying 18 Karat Gold

1 troy ounce=480 grains

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