The Indian Standards Office (BIS) stamp is stamped on all Indian gold coins. This means that 24 karat gold is the purest form of gold available. Gold is one of the most coveted metals in the Indian subcontinent. From weddings to anniversaries and birthdays, Indians have been buying and stacking gold for centuries.
Gold is considered a symbol of prosperity, purity and stability in Indian culture. Buying gold in India is a cultural norm, despite the damage that gold imports are doing to the equilibrium of international trade and the resulting losses. What stands out about Chinese gold is that it has a butter-yellow gold that is a favorite in all of Asia. If it is determined that the gold has acceptable purity and meets all the requirements, the jeweler is granted a license verifying the purity of these items and is allowed to sell them as gold jewelry.
Note that when copper is used as an alloy, gold looks a little redder than yellow, and when the alloy used is sterling silver, the resulting gold is paler. Chinese gold is marked 9999, 999 or 999.5, and is the purest version of gold sold in China. It is important to note that local jewelers in India frequently mislead customers by selling 22-karat gold jewelry at 24-karat gold rates. Taking into account the rise in gold prices in recent years, gold has become an excellent investment tool.
Although gold rings and necklaces will look more striking to anyone who sees them, Indians and the people of India will buy 24 karat gold as a way to invest and keep their money. The real meaning behind Indian gold is the belief that the purity of gold is as high as possible. To create the perfect shade of yellow for gold alloys, pure gold is often mixed with copper and sterling silver, or nickel and zinc in other cases. Chinese gold is said to have a great yellow glow that makes it stand out from other varieties of yellow gold in the world.
The main reason why Indian gold is so popular has to do with the fact that gold that may have been seen throughout Asia is the purest form of 24-karat gold, at 999.9%. In fact, every country is capable of producing 22 karat gold and it is wrong to believe that the only place in the world or the best place to buy 22 karat gold is from India. The price of gold varies in different cities, as decided by several associations of gold jewelers. The presence of copper and the higher percentage of pure gold are the reason for the yellowing of 18 karat gold (yellow gold).