How To Tell If Your Gold Is Real

How To Tell If Your Gold Is Real

I watched a guy walk into a pawn shop in 2023 with what he thought was a 100-gram secondary market gold bar. He’d bought it from a "friend of a friend" for a 15% discount under spot price because the seller supposedly needed fast cash for a medical emergency. He’d done the "magnet test" he saw on a viral video, and since the bar didn't stick, he felt like a genius. When the shop owner ran it through a Precious Metals Verifier, the screen flashed red. It was a thick tungsten core wrapped in a heavy gold plate. The victim lost nearly $6

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Michael Davis

With expertise spanning multiple beats, Michael Davis brings a multidisciplinary perspective to every story, enriching coverage with context and nuance.