- Gold Market
- April 11, 2025
Understanding the Purity Levels in Gold: 24K vs 22K vs 21K vs 18K
Gold is classified based on purity, usually in karats (K). But what do these numbers really mean—and which one is right for you? 1. What Does Karat (K) Mean? Karat indicates gold purity. 24K is 99.9% pure, while lower karats contain other metals for strength. 2. Breakdown of Gold Purity Levels 24K Gold […]
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- Gold Market
- April 11, 2025
Making Charges in Gold Jewelry – What You Need to Know
The price tag on gold jewelry includes more than just the gold weight. Making charges can add a substantial amount—sometimes 5% to 20% more. 1. What Are Making Charges? They cover the cost of crafting gold into jewelry. More intricate designs usually cost more. 2. How Are They Calculated? Percentage Method: A percentage […]
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- Gold Market
- December 23, 2024
What to Check Before Buying Gold Jewelry
Whether it’s a gift or a personal investment, gold jewelry is both beautiful and valuable. But don’t let style distract you from the essentials. 1. Check the Gold Purity Always verify if it’s 24K, 22K, 21K, or 18K. Purity affects price and durability. 2. Look for the Hallmark In the UAE, the Emirates […]
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- Global Market
- December 23, 2024
What Factors Affect Gold Prices Globally?
Gold prices are not random. Understanding what influences gold rates can help you make smarter investment or purchasing decisions. 1. Global Economic Uncertainty When markets crash or recession looms, investors turn to gold as a “safe haven.” 2. Inflation & Interest Rates Higher inflation typically drives gold prices up. Conversely, higher interest rates […]
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- Gold Market
- December 23, 2024
How to Start Investing in Gold: A Beginner’s Guide
Gold has long been a trusted asset, especially during times of economic uncertainty. Whether you’re in Dubai, Abu Dhabi, or anywhere in the UAE, investing in gold can help you diversify and protect your wealth. 1. Understand Why You’re Investing in Gold Gold acts as a hedge against inflation and currency devaluation. It’s a […]
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