How to Identify and Avoid Fake Gold

Published by Mattias Söderström in category Articles on 24.01.2025
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Investing in gold is popular, but how can you be sure that your gold bars, gold chains, or gold rings are genuine?

Gold has been one of the oldest and safest ways to preserve value over time. However, with high demand for gold comes a risk: counterfeits. How can you be confident that your gold bars, rings, or chains are authentic? Here’s what you need to know.

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What are the authenticity regulations in Sweden?

In Sweden, certain gold items, primarily jewelry, have been required to bear a control stamp since 1754, when the “kattfot” (cat’s paw) was introduced as a national control mark. (It’s important to note that not all gold products fall under these requirements.)

Kattfotstämpeln

This stamp, still in use today, guarantees that the gold has been inspected by an accredited authority and meets legal purity standards.

Other important stamps to look for:

  • Karat stamp: Indicates the purity of the gold, such as “18K” (75% gold) or “14K” (58.5% gold).
  • Manufacturer’s responsibility mark: Identifies who made or imported the item.

Learn more about gold stamps on Swedac’s website. Swedac is the authority responsible for regulating precious metals in Sweden.

How to test if your gold is genuine

If you don’t see any stamps or want extra assurance, there are a few simple tests you can do at home. However, these tests are not guarantees of authenticity but can help identify warning signs that the gold may be fake.

  • Magnet test: Gold is not magnetic. If the item is attracted to a magnet, it could be fake or contain other metals.
  • Water test: Drop the item into a glass of water. Genuine gold sinks immediately to the bottom because of its high density.
  • Color and wear test: Check for spots where base metal might show through. Fake gold often has a plated surface that can flake off.

International tips for spotting counterfeits

Beyond Swedish standards, here are general guidelines to follow:

  • Check serial numbers on gold bars: Many gold bars, including those sold by Tavex, come with a unique serial number and certification to guarantee authenticity and purity.
  • Buy from trusted dealers: Only purchase from reputable companies with a solid reputation, such as Tavex.
  • Beware of unusually low prices: If the price is significantly lower than gold’s current spot price, it could be a warning sign of a counterfeit. Always compare the price to the market’s daily rate to avoid fakes.

Tavex guarantees genuine gold

At Tavex, we only offer authentic gold products, including gold bars, gold chains, and gold rings, all with guaranteed authenticity. We help you make secure and informed choices.

Checklist for identifying genuine gold

Here’s a quick checklist to ensure your gold is authentic:

  • Look for a gold stamp (e.g., “18K”).
  • Check for the kattfot or other Swedish control stamps.
  • Test with a magnet – gold should not be magnetic.
  • Always buy from a trusted dealer like Tavex.

Secure your gold investment

Investing in gold should be a safe and positive experience. By understanding the regulations and standards, learning simple tests, and choosing a reliable dealer like Tavex, you can ensure you’re getting genuine gold and the best value for your money.

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Gold price (XAU-SEK)
41259,40 SEK/oz
  
- 261,40 SEK
Silver price (XAG-SEK)
601,80 SEK/oz
  
- 7,84 SEK

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