There are a few ways to tell if a gold bar is fake or not. If you are unsure whether a gold bar is real, it is always best to consult with a professional before making a purchase. Let’s learn about the different tests that verify that the gold bar is fake or not:
The Weight Test
The first test is the weight test. Take the gold bar and weigh it in your hand. Real gold bars should feel very heavy for their size and will not be easily bent or dented. Fake gold bars may be made from a lighter metal, such as lead, so they will not feel as heavy.
The Size Test
Next, you’ll want to check the size of the gold bar. Most fake gold bars look like they are the same size as real gold bars, but they may be smaller or larger. You can use a ruler or measuring tape to measure the bar’s length, width, and thickness. If you have a real gold bar, you can also compare its size to the fake one.
The Sound Test
Gold is a very dense metal, so it has a very distinct sound when hit. Take your gold bar and tap it lightly with a hammer or other object. It is likely real gold if it makes a solid, ringing sound. If it makes a dull sound or no sound at all, it may be fake.
The Magnet Test
Gold is not attracted to magnets, so this is an easy way to test for fakes. Simply take a strong magnet and hold it close to the gold bar. If the bar is attracted to the magnet, it is not real gold.
The Acid Test
This test is usually done by professional jewelers or gold dealers. They will use a small drop of acid to test the purity of the gold. Gold is a very non-reactive metal, so it should not react with acid. If the acid turns green or some other color, it is not real gold.
These are just a few ways that you can tell if a gold bar is fake or not. If you are ever unsure about the authenticity of a gold bar, it is always best to consult with a professional before making a purchase.
Learn About Gold and Invest In Your Future
The ultimate advice is to do any of these checks for authenticity before making a purchase; after that, you’ve taken your chances. Any respectable precious metals dealer or broker should not object to you doing an examination of your gold bar or performing the tests described above. Dealers who tell you not to check the bar are probably con artists; cancel the transaction right away.