How To Invest In Gold Now – Buying And Selling Gold, Coins, Bars, Shares, Mining, ETFs

There’s a reason why I wear sterling gold jewellery over higher-quality ones. Here is a quick and easy example to explain why.

Prepare a block of butter and a metallic knife. Take the knife, and hold it over a flame for approximately a minute or two. Next, take the top of the knife and carefully run it thru the surface of the butter. Observe the resulting groove on the butter.

That is what happens to high-karat gold when you get clumsy.

Let’s face it. Gold isn’t the hardest metal out there, and you can’t expect it to hold up against even the tiniest pressure. Sure, your twenty-five karat gold necklace could be worth a cool million greenbacks, but even the tiniest contact with anything will cut its worth by half.

And this is precisely why I favor sterling gold over higher-quality ones. My marriage ring and favorite necklace will survive even if I flail my arms around and run a bit when I am in a hurry.

Practicality is the name of the game, and I want to be ready to move around while looking good. Leave the ultra-high quality gold pieces for the ultra-formal events, or better yet leave them in the bank to serve as investments for the future.

So if someone offers you a pure-gold jewellery piece, think carefully about buying it off the bat. Pure gold might be more costly, but only sterling gold will be tricky enough to survive the wear and tear of common-or-garden life.