Posts

Showing posts from December, 2021

Raw Gold Trading

Image
  Although we usually see gold in jewellery forms, it is naturally found as chunks and as raw gold. More specifically it is an alloy of gold, with several types available. Similar to other gold forms, these are also used for trading after measuring out the weight to determine the value. Undoubtedly, the natural form has a greater gold content and purity. So, it will be bought or sold easily at a higher rate. It doesn’t have a definite size or shape, quite similar to scrap gold. However, the buyers may not be the same as scrap gold buyers . There are various ways to finalize a deal and continue the trade. But first, we need to know about the kinds of raw gold found on earth. Gold Nuggets: Irregularly shaped but more like bullion or gold bars. Gold Dust: Particles or powders of gold. Gold Flakes: Small bits and pieces of gold, similar to scrap gold. The composition of raw gold is calculated with the combination of gold with copper, lead, and silver which form the alloy. S...