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Facts You (Probably) Didn’t Know About How To Test Jewelry for Gold [Infographic]

October 19, 2017 By Memphis Gold Buyers

 how to test jewelry for gold

You’re wondering how to test jewelry for gold, aren’t you?

 

Of course! It’s a mystery to most, but we’ll share a secret with you — it’s pretty simple. But before we get to that…

Do you remember when “cash-for-gold” sign holders were on every corner? You know the ones. The yellow arrow with black writing — we admit it, we had one too!

And it also seemed like every news channel in the Mid-South was running a story about where to sell your jewelry.

What you might not remember is that in August 2011, gold hit its highest price in history. At over $1900 a troy ounce, it’s no surprise that people started selling more jewelry (and buying less).

It was a gold craze that could rival the gold rush. Everyone from hair salons to video stores were buying gold! But, it was a bubble. And while prices are still at all-time highs, the wheat has been separated from the chaff.

Jewelry buying stores who undercut their customers closed up shop (thank goodness). And hairstylists went back to cutting hair — why they ever dabbled in gold, we’ll never know.

That’s the short-and-sweet backstory to how selling jewelry became a trend. Now we can get to the goods.

Read on to learn how to test your jewelry for gold. 

 

test jewelry for gold

 

P.S. You can get your own gold testing kit here.

Filed Under: Gold

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