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Gold Guide

Gold

 

The story of gold is as rich and complex as the metal itself.  Many unique properties have secured it a central role in history and human development.  

 

Gold has been prized by people since the earliest times for making statues and icons and also for jewellery to adorn their bodies. Intricately sculptured art objects and adornment jewellery have been uncovered in the Sumerian royal Tombs in southern Iraq and the tombs of Egyptian kings. Significant buildings and religious temples and statues have been covered with thinly beaten sheets of gold. Due to its rarity, gold has long been considered a symbol of the wealth and power of its possessor.



 

Gold's chemical symbol, Au, comes from the Latin word for gold, aurum.  It is a remarkable, rare metal, with an unparalleled combination of chemical and physical properties.  It is also the only metal that forms no oxide film on its surface in air at normal temperatures, meaning that it will never rust or tarnish.

Gold Facts

- Gold is so rare that the world pours more steel in an hour than it has poured gold since the beginning of recorded history

- Gold has been discovered on every continent on earth

- Gold melts at 1064.43° Centigrade. It can conduct both heat and electricity and it never rusts

- Due to its high value, most gold discovered throughout history is still in circulation. However, it is thought that 80% of the world’s gold is still in the ground

- Seventy-five percent of all gold in circulation has been extracted since 1910

- A medical study in France during the early twentieth century suggests that gold is an effective treatment for rheumatoid arthritis

- Gold is so pliable that it can be made into sewing thread. An ounce of gold can be stretched over 50 miles

- Gold is chemically inert, which also explains why it never rusts and does not cause skin irritation. If gold jewellery irritates the skin, it is likely that the gold was mixed with some other metal

Now with Gold Buying Centre at Thomas Gear Jewellers you can turn on your old unwanted gold into instant cash. Old gold jewellery, coins and any type of scrap gold can be turned into money.

 

Sell your Gold

 

Gold prices are at an all time high so there has never been a better time to replace unwanted gold jewellery with money. Make use of your old gold bracelets, chains, earrings and rings by selling unwanted gold for cash. With the Gold Buying Centre you can receive money for gold you no longer wear.

 

selling Gold

 

White Gold

One common misperception that people have about white gold or pink gold for that matter is that this metal is found as it is: white gold. Not true. However, just because this metal is combined with other elements to make it appear white does not diminish the worth, value, elegance and class of white gold Jewellery. White gold was created right after WWI; up until that time any Jewellery that was the colour white was made with pure platinum or of course, silver. There was a white jewellery craze during the late 1920’s and throughout the 1930’s. The trend has continued to present times.

White Gold Jewellery


White gold is an alloy of gold and some white metals such as silver and palladium. White gold can be 18ct, 14ct, 9ct or any carat. For example, 18ct yellow gold is made by mixing 75% gold (750 parts per thousand) with 25% (250 parts per thousand) other metals such as copper and zinc. 18ct white gold is made by mixing 75% gold with 25% other metals such as silver and palladium. So the amount of gold is the same but the alloy is different.

Traditionally nickel was used in white gold, however, nickel is no longer used in most white gold made today as nickel can cause reactions with some people. We do not use nickel in our white gold

When white gold rings are new they are coated with another white metal called Rhodium. Rhodium is a metal very similar to platinum and Rhodium shares many of the properties of platinum including its white colour.

The rhodium plating is used to make the white gold look whiter. The natural colour of white gold is actually a light grey colour. The Rhodium is very white and very hard, but it does wear away eventually. To keep a white gold ring looking its best it should be re-rhodium plated approximately each 12 to 18 months.


Platinum

Platinum is the hardest of the precious metals, it never tarnishes. Its intense lustre remains intact over the years, and it is completely hypoallergenic.  It is extremely dense, and remarkably heavy, much more so than silver or gold. This property of platinum enhances and ennobles the quality of the jewellery from which it is created.

 

Platinum Jewellery

 

The ultimate stability of platinum over the years is unmatched. It does not wear, and its extreme level of durability offers a profound guarantee of strength and longevity. When a customer comes into our shop to have their great grandmother's ring cleaned, invariably, the ring is made from platinum.

 

Platinum Facts

- Platinum has an extremely high melting temperature. In its purest form it melts at 3214 degrees F, almost twice the temperature needed to melt 14 carat gold

- All the platinum ever mined would produce a cube 17 feet on each side, less than 5000 cubic feet

- It takes up to 10 tons of ore to produce one ounce of platinum, more than twice as much ore that is typically needed for an ounce of gold

- Platinum is not susceptible to problems like stress corrosion or stress cracking

- Annually, only about 133 tons of Platinum are mined, compared to about 1,782 tons of Gold

- More than 90% of all Platinum supplies come from South Africa and Russia. Virtually all of the platinum mined in South Africa is committed to industrial contracts

- Legendary jewellers such as Cartier, Faberge and Tiffany created their timeless designs in Platinum

- The world's famous diamonds, including the Hope, Jonker I and Koh-I-Noor, are secured by Platinum