Buzz
Statistics show that up to 70% of the gold on the current gold market is immature gold. Therefore, if you are not knowledgeable about gold and know how to distinguish between different types of gold, you may easily buy this type of gold by mistake. Let's refer to the article below to find out what immature gold is? How much is the price of immature gold today?
How much is the price of immature gold per tael?
1. What is Immature Gold?
Immature gold (also known as young gold): This term is used to refer to gold that is young, with a low percentage of pure gold in the gold mass.
According to international standards, the standard age of gold is 10 years, and 10-year-old gold (24K gold or 9999 gold) will have 99.99% pure gold.
Therefore, according to this calculation method, you can easily distinguish between different types of gold:
- 24K gold has a purity of 99.99%: 10 years old
- 22K gold has a purity of 91.7%: 9.17 years old
- 20K gold has a purity of 83.3%: 8.33 years old
- 18K gold has a purity of 75%: 7.5 years old
- Vietnamese 14K gold has a purity of 58.3%: 5.83 years old
- 12K gold has a purity of 50%: 5 years old
- 10K gold has a purity of 41.7%: 4.17 years old
- 9K gold has a purity of 37.5%: 3.75 years old
According to this standard, you can identify if the gold you are buying is immature. Sometimes, many gold shops sell 18K gold (with a purity of 75%) but only craft with 75% pure gold.
2. Should you buy immature jewelry?
Walking into a gold shop, you easily come across various bracelets, necklaces, rings... made of immature gold with diverse, luxurious, and eye-catching designs. However, you should be careful not to mistake them for American gold items. Because at first glance, they look alike. But spending that amount to buy American gold items would be a waste. Because American gold is not gold, immature gold is essentially gold but with a shorter lifespan and inferior quality. Immature gold jewelry costs at least a few million to tens of millions of Vietnamese dong. If you hear prices lower than 500 thousand dong, then it is definitely American gold.
To distinguish between counterfeit American gold or immature gold, pay attention when wearing them. After a short period, counterfeit American gold will quickly fade, causing redness, swelling, and even symptoms of severe allergies on the skin.
Buying jewelry made of counterfeit American gold is not advisable because they are coated with a layer of yellow color that can be harmful to users and will fade over time, losing their original beauty.
3. What is the price of immature gold per tael?
Due to its young age and inferior quality, few people desire to own immature gold. However, if crafted into luxurious and eye-catching jewelry pieces, they become popular among many. With a low percentage of pure gold, the price of immature gold is much cheaper compared to Vietnamese gold types like 10K, 20K, 22K, 24K, etc.
The exact price of immature gold per tael today cannot be accurately answered as it depends on the gold content, selling and buying locations. Moreover, many gold shops do not trade immature gold as this can damage the shop's reputation.
Gold prices fluctuate constantly on a daily basis, they can rise or fall sharply. To know the exact price of immature gold today, you should call or visit gold shops to be assisted by staff for consultation.
