Tips for Spotting Fake Gold Bars
Counterfeits can be a concern in the gold market. Recognizing warning signs helps prevent costly mistakes. Buyers should always verify authenticity before completing a purchase.
Signs to watch for include:
- Unusual markings – Incorrect stamps or unclear hallmarks are red flags.
- Incorrect weight – Bars should match the stated weight exactly.
- Magnetic response – Genuine gold is non-magnetic.
- Price too low – Offers far below market value often indicate fraud.
- Missing certificates – Authentic bars should come with proper paperwork.
Being cautious helps protect buyers from scams and ensures they only invest in genuine products.