topswijaya Posted January 5, 2023 Share Posted January 5, 2023 (edited) Dear all, Why is Thai gold only 96% of purity? not 99.9%. Though I see the 24 karat sign at several Bangkok gold shops. Thanks Edited January 5, 2023 by topswijaya Link to comment Share on other sites More sharing options...
digbeth Posted January 5, 2023 Share Posted January 5, 2023 because necklace made of 99.99 purity gold would be easily snatched away from ones neck 24karat are sturdier but aren't preferred due to being associated with 'cheap' 1 1 Link to comment Share on other sites More sharing options...
Elkski Posted January 5, 2023 Share Posted January 5, 2023 (edited) They have some other metals to give it that color desired by Thais. My wife doesn't like gold in it's normal color like in the USA. I failed trying to get her to accept an 18 ct gold here or USA so the necklace will be less fragile. Ím not sure if the gold shops will buyback less than the top 96 CT Thai gold for a decent price. In the USA jewelry isn't a good thing to plan to sell back at a high return on investment like it is in Thailand. I guess on most items the labor to create things is much lower. In the USA we have black hills gold that can have a similar color to Thai gold Edited January 5, 2023 by Elkski Link to comment Share on other sites More sharing options...
3NUMBAS Posted January 5, 2023 Share Posted January 5, 2023 too soft to withstand rough use 1 1 Link to comment Share on other sites More sharing options...
Kwasaki Posted January 5, 2023 Share Posted January 5, 2023 Most Thai gold is 23 % wish they had other input value like UK it would then make it cheaper to buy. Link to comment Share on other sites More sharing options...
Popular Post liddelljohn Posted January 5, 2023 Popular Post Share Posted January 5, 2023 Thai gold bars are 99.9% pure gold but jewelery need some additional alloys to give it strength so as low as 96% is possible depending on makers . It is not about the colour , gold in India, Middle east and pure gold in Europe is yellow like thai gold ,, Europeans have fashion purposes and also clevr marketing prefered lower quality whiter gold i 18, 14 and 9 carat types , but gold bars in Europe are 24ct 99.9% pure same Thai bars Asians , Africans, Arabs Orientals and investors would never buy European type <deleted> gold 2 1 1 1 Link to comment Share on other sites More sharing options...
farmerjo Posted January 5, 2023 Share Posted January 5, 2023 Not sure when people say Thai gold. Where i worked it was sent to abroad to be refined. Link to comment Share on other sites More sharing options...
Bill97 Posted January 5, 2023 Share Posted January 5, 2023 Thai gold bars are not 99.9% not not not 1 Link to comment Share on other sites More sharing options...
proton Posted January 5, 2023 Share Posted January 5, 2023 4 minutes ago, Bill97 said: Thai gold bars are not 99.9% not not not 96.5 https://www.huasengheng.com/product-gold/ทองคำแทงปมโลโกฮว/ 1 Link to comment Share on other sites More sharing options...
KhunLA Posted January 5, 2023 Share Posted January 5, 2023 I find it hard to believe, only 2 people actually know the answer. 1 Link to comment Share on other sites More sharing options...
dj230 Posted January 5, 2023 Share Posted January 5, 2023 does anyone trust the dealers here with gold? Link to comment Share on other sites More sharing options...
FritsSikkink Posted January 5, 2023 Share Posted January 5, 2023 5 hours ago, Kwasaki said: Most Thai gold is 23 % wish they had other input value like UK it would then make it cheaper to buy. 9 ct gold like in the UK can't be called gold in many countries as it is just a small part of the produce. Link to comment Share on other sites More sharing options...
Kwasaki Posted January 6, 2023 Share Posted January 6, 2023 8 hours ago, FritsSikkink said: 9 ct gold like in the UK can't be called gold in many countries as it is just a small part of the produce. Maybe that's why it's called 9ct. I just think it would make it easier for jewelry items to be bought by people. The craftmanship in Thailand is excellent IMO. Link to comment Share on other sites More sharing options...
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