Fake gold scams are unfortunately common, especially in informal markets. Here are five warning signs to watch for before you buy.
If a deal is priced well below the current market rate for gold, treat it with suspicion. Genuine gold sellers rarely undercut market value significantly.
A legitimate seller should have no objection to a quick acid test or XRF scan. Hesitation or refusal is a major red flag.
Gold is a dense metal. If a piece feels unusually light for its size, it may be plated brass, tungsten, or another base metal.
Gold-plated fakes often show discoloration or wear at contact points such as clasps and edges after even light use.
While hallmarks can be faked, missing marks entirely, or marks that do not match the item description, are worth treating with caution.
The safest way to protect yourself and your business is to test every purchase. Our acid testing kits and XRF analyzers make it fast, affordable, and reliable to confirm what you are really buying.