How to invest in gold online

As for how you know that this busy or the ornament is (caliber 21) you have to check the magnifier to see the written number (850 or sometimes find written 21) inside the cloisonne dressed ... It is written even in the small ring of the birth (in the ring stick from the inside) From this moment on, you can now find out whether this gold or silver is gold plated by writing ... Silver is inscribed on the inside (925) It is followed by a system that every owner of an accredited workshop to print his name on his works you can see that name stamped And verification using optical magnifier is like a watch glasses.

If you can not tell the truth (gold or non-gold), turn to the acid (H2SO4 and the halogenated). If the processed metal is not gold, its color will turn black after moments of exposing the suspected substance to the fire ... It grows bright and shiny if it was gold ... or you can resort to exposing it to fire ... The fire is reflected in gold and other metals prevail ... In the case of nothing is used ringing ... It is the voice of gold .. Gold when dropped on a solid body occurs Ringing as a small while the other minerals speak a voice in which a fork ... After practice or repetition you can know the gold of touch, weight and shape .

Caliber 18
This kind of gold is usually known for Italy, which is one of the most difficult things, and since the amount of gold found in it is small, you find that all the beautiful attractive works are 18 caliber, which makes it easy to form ... The alloy here is more cohesive, which leads to the stability of the trimmings and adapting without doing so To break it .... For this reason (stability) in the form of soap .

always customers of this type of gold are the grooms (because they are what is behind the profit but after what they answer a few children are denied the gold 18-gauge entry into their homes). The 18-year-old gold is usually stamped with only 750 (and sometimes the word is 18) and the molds used in the manufacture of the works of this caliber (after the end of its use and the expiry of its model period) are used in the manufacture of accessories. The gold flake is not thrown in the trash. But it is sold to the accessories industry ... In this caliber we find that the area of ??gold loss is very little .... Another advantage of this caliber is that it accepts the installation of fountains (zircon) and sulter, but be aware that when you sell it, you lose a lot (you lose when breaking avalanches and you lose For the small proportion of gold in this caliber), where these will be broken Alfwa Rees and calculated net that the kilo 750 grams and not 850 kilo as in the caliber 21.

Other Calories:
It was there in the past as they told us 16 and 14, and that was over.

22 caliber:
This caliber is used by Indians and East Asian citizens and the ratio of gold is 875 grams per kilo. Today there are many 22-gauge chains, often made in English.

Most of the skilled industrialists studied in Italy and to this day Italy is the most famous countries in the manufacture of molds for the manufacture of jewelry and drafting machines and most famous jewelers (Goldsmith & Designers) studied in Italy, including jeweler Joseph Nasrullah, who was said to have made the sword of King Abdul Aziz ... That he was making many of the royal gift items ... and Baitalba a special technical curriculum for the manufacture of jewelry and gold lathes and molds.

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How to Trade in Used Gold

Working in the gold trade is surrounded by many secrets. Say what you find published in a post or a book. What do you think of taking a small part of your time to know a little about this profession?

First License:
You have to choose a shop that will be close to the security control and then you will have to equip the shop with a metal belt for the walls of the shop building. It will be wrapped in walls with steel plates thickness of 4 mm. In the other, the shop will be in the form of an iron box ... And the rest of the decorations you see from inside and you are in the shop ..... The doors must be heavy iron and electric locks and secret numbers ... Then complement the security area should install a warning bell, and supply the shop fire extinguishers and red sand crawlers - then you bring an electronic balance Certified by the scales ... This feature is calibrated Each year in the Commission to ensure the continuity of accuracy ... Then bring a certificate from the Department of Quality Quality and then a license to practice that profession from the Ministry of Commerce and you must participate in the Chamber of Commerce for the adoption of seals and invoices and official papers and then a license from the municipality and a certificate of civil defense and a police certificate to include the shop in Security and surveillance and then Zakat and income.

After buying all these stages, I prepared the capital and went to buy the gold. I bought a quantity of gouache, a quantity of seals, a quantity of contracts, customs, a quantity of bracelets, earrings, pendants, jewelry boxes and display equipment.

gold:
24 carat ..... is a 24 carat gold 24 carat gold (which means gold net ... and is called the name of the alloy):

Since gold can not be used alone alone unless it is in the form of alloy - Alloy is usually the result of mixing metal with another metal .... The gold we see is not pure, it is only 99% and the remaining one percent It is another metal such as silver, mercury, copper or iron.

21 Carat Gold:
Is a gold ingot of which one kilogram contains 850 grams of net gold and the remaining 150 grams of mercury (as in Saudi Arabia), silver or copper (as in Egyptian gold) or iron (the first Sudanese gold) stamp this number (850) in any piece of gold belonging to this caliber and this seal means that this gold is the caliber (21) In all cases when we buy "traders" of the old gold from the client, we care only those 850 grams of net gold per kilo and other Is considered a scorpion.

Usually, we pay when we buy the old Saudi gold more than we pay when we buy the old gold used by the Egyptian or Sudanese ... although the ratio of gold is all equal (850 grams gold in each one kilo), but because the process of sorting gold for the metal in Saudi gold easier As we said that the alloy is made of gold with another metal) we will benefit only from that pure part (850 grams / kilo), making me separated from the metal of the alloy .. And that the sorting machines available here is only suitable for the metal used in the alloy according to Saudi specifications. ... so the separation of copper or iron is more difficult or almost impossible ... so the price of mind is low Old Sudanese have not purchased one here and only the difficulty of separating the metal (iron) used in the manufacture of 21-carat alloy ingot ...... usually gold alloy mixture more iron darkening after tend to wear.

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How is gold traded?

Gold trading is one of the most important and profitable trades which can be made in terms of investment and income. Gold is a safe haven for the majority of traders in the Arab and international financial markets. It is part of the lucrative trades that investors seek to enter into for future profits. This topic will focus on the different types of gold and clarify the advantages of the gold trade used.

Types of Gold Trading
Gold coins.
Gold bullion .
Crude Gold Trading.

Gold Trading
It is usually sealed with the country of origin and there are many types of pure gold including some added copper and other materials that may be added to gold, so we find that the gold coins have many shapes and graphics and different methods of buying and selling gold trade as follows:

Through different sites and companies.
By persons.
Through gold shops that are interested in buying and selling gold coins.

Gold Bullion Trading
There is an ounce and this type fits with small investors in gold, which have different weights and many forms enabling investors to benefit and trade in these alloys.

Crude Gold Trading
Raw gold, which has a lot of different caliber, raw gold is pure gold, and this type is bought and sold through large shops.

Used Gold Trading
It is one of the forms of trade that aims to profit and is dealt with by many jewelry shops, which is the purchase and sale of gold used and old, and is a break of gold forms of simple and easy to launch, which is traded between individuals and investors through the direct sale of shops, In turn, it is divided and evaluated and weighed to grams, after removing the impurities in it until the sale of gold pure purity.

One of the advantages of gold used
The availability of traders and shops that make the sale.
Easy storage and transportation from one place to another without any difficulties.
A frozen capital is considered an investment in itself and you have at any time.
Trade does not need money and costs are good and high.
You can buy at the market price on the stock exchange without paying any costs to those manufacturers that are claimed by the shops.

In the end, the gold trade used technically and the gold trade in general is the safe haven and the head of the owner of the free, which can act at any time, but has some concern in the event of a change in global prices and your opposite and your vision and the need to follow him.

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Online Gold Trading

It indicates that the sale of gold used has the conditions set by the Ministry of Commerce and Industry, namely the presentation of the civil card to record the seller's data, in order to avoid falling under the law of the buyer if the gold is stolen.

He asserts that there are no cheating cases for the sale of gold used because it depends on the customer's awareness, bearing in mind that the law does not oblige the trader to buy gold at the global price.

On the other hand, the owner of gold and diamond shops, Sultan Al-Issa, said that the gold trade used is a profitable process for the customer at high prices, and the best price for profit through the sale of gold in the form of alloys, indicating that the gold is sent Sukuk to neighboring countries to return Manufactured in new forms.

Al-Essa said during his interview with Al-Arab Al-Jadeed that the customer can check the prices of gold electronically through websites and sell or buy gold at the same moment to make sure it is not exploited or manipulated by the trader. Price panel.

Al-Issa explains that customers sell gold in all its forms, whether in the form of alloys or gold. If the piece is clean and not much used, it can be removed from the impurities and resold. After that, it is melted and remanufactured. And there is agreement with the client in advance to settle the value of workmanship, but there are some types that can not afford, such as Lazurde gold and heritage pieces.

For his part, the chief executive officer of Al-Sabeeb Al-Kuwait Precious Metals Trading Company, Ragab Hamed, said that Kuwait is a gold merchant specialized in the used gold trade. It is a popular trade and there is an interest in buying gold broken by shops in Kuwait due to its high profits.

"The vast majority of gold shops buy old used gold at less than their price and sell it to manufacturing workshops to get gold in excess of $ 700," he said.

He points out that the gold used is used by the owners of gold workshops to reshape it. He explains that the gold used is burned and reconstituted or manufactured from local alloys for sale to gold workshops. Each caliber is assembled and placed in an alloy separately, indicating that the 21-gauge gold is made of alloy where the shop owner buys it without the cost of the workmanship.

According to the Kuwait Gold Federation, the total number of commercial licenses for gold institutions in Kuwait amounts to about 3,000 licenses, and total investments of licensed gold shops amounts to about 1.3 billion dollars.

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Gold trade used by the latest technology

The gold trade in Kuwait has witnessed a remarkable recovery in the recent period, in light of the great gains that traders are getting from buying and selling. They buy gold gram used less than the world price to sell it to owners of gold workshops with a good profit rate of up to two dinars ($ 6.6) Sometimes, the "factory" price is not calculated and then remanufactured or polished and sold as new.

"The purchase of used gold has recently increased significantly compared to the previous months, as the market price has risen, and the economic situation of customers, especially the expatriates, has declined," said Thamer Al Ali, , Resulting from the increase in prices of most goods and fuel as well as the increase in spending on important annual events, prompting many of them to sell part of the yellow metal for their need for money. 

Al-Ali says that the sale of gold leads to the loss of the customer's percentage of the workmanship. The trader buys the net gold only and remanufactures it after removing the stones and the pieces from the piece and then melting it in the form of alloys. It shall then be returned to it in new forms, in addition to the value of the specific workmanship between the merchant and the manufacturer and the same weight of gold.

He points out that the gold price index is rising in the current period, encouraging yellow metal savers to sell, and the bestsellers include 21-gauge alloys and jewels, because they are lower in craftsmanship than others, which reduces the loss.

He explains that there are customers accept to buy used gold because it is cheaper compared to the new, which is a safe haven and profitable for them.
The vice president of the Kuwaiti Federation of Gold Traders Nasser Sayegh told the "New Arab" that the price of selling used gold (fraction) depends on the consumer's knowledge and ability to negotiate and familiarity with international prices, the price of gold used derived from the world price, and is determined by caliber, An example of this is that if the price of a kilogram in the market is about 36 thousand dollars, it means that the price of 24 grams of gold in the range of 36 dollars. Al-Sayegh adds that the price of 22 grams of gold is around $ 33, the 21 caliber is around $ 29 and the 18 gauge is around $ 26.

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What factors affect the rise in the price of gold?

Experts and analysts in the field of gold causes the rise in gold prices in five key factors, but first and foremost it must be clarified that gold like any other commodity is affected by the law of supply and demand, for example, gold prices will rise if demand for the metal in the stability or decline Or even higher than the rate of increase of demand, and vice versa of course true if increased supply in the case of demand stability prices will decline, but the problem here is the difficulty of meeting the increased demand for the metal increase supply because the cost of production and extraction of gold is greatly increased because of increased risk of drilling for Access to the site Najm, most of which are located in remote areas and therefore the production of the metal does not cover the increased demand for it. For the major gold producers in the world, for follow-up drilling and extraction follow the equation of the ounce = US $ 1000, a high cost that complicates the issue.

As for the five main factors behind the increase in global gold prices, the first of which is the decline in the US dollar (the world's main currency) and the increase in inflation in the United States (the world's most powerful economy undisputedly). The actions taken by the Federal Reserve (US Central Bank) to stimulate the economy to double the dollar. 

As it is known that the decline in the dollar exchange rate raises global gold prices, but in spite of that it is possible to fall or stabilize gold prices in the same period in euros (the single currency in Europe), for example, for example, the prices of gold during the summer and autumn of 2010 has depreciated in dollar terms but remained stable over the same period in the Japanese yen and the euro.

While the second factor in the rise in gold prices is due to the strength of demand in emerging markets. It is worth mentioning that gold is a good way to boast and save, especially in the emerging class in India and China, which are leading the global growth of demand for gold.

The third factor is due to the transformation of the central banks from the position of the seller to buyers of precious metal. Over the past decades, the central banks of the various countries of the world have sold most of their gold reserves after these countries broke their currencies, but the situation changed completely in the last period The position of many banks to buyers to strengthen their reserves of metal such as Thailand and Russia.

Given the current economic conditions in the world, central banks may continue to buy gold as a means to avoid the risks of inflation and the decline of the dollar especially in the long term. Many developing countries have decided to reduce most of their dollar reserves in favor of increasing their yellow metal. The orbit of decades.

For the fourth factor leading to the increase in gold prices due to investors' belief that gold is a protective asset that protects their money from the risks of economic instability, investors have long been accustomed to resort to gold after exit from high risk investments.

As for the fifth reason, it is simply restricting gold exports. The difference between demand and supply offers almost certain expectations because gold prices are undoubtedly higher. The growth of gold production has declined significantly, with the average decline in production over the last 10 years (since 2001) % Annually.

Experts and experts estimated the world's gold production over the past 110 years at just 3.9% of the total value of money, stocks and bonds worldwide, up from 1.3% in 2000. However, the current ratio is still close to the 1.3% ), Which is well below the 12.1% recorded in 1980, when gold prices peaked.

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