The significant rise in interest for gold investment, especially following market fluctuations, has led both consumers and scammers to adapt, highlighting the need for awareness.
Rick Kanda emphasized, 'In the fallout from the 2008 financial crisis, many people turned to the precious metal industry as a safer place to invest their capital.'
Kanda explained that gold is often considered fake in the UK if it's less than 37.5% pure, underscoring the necessity of knowing how to assess gold.
Experts recommend that to avoid counterfeit gold, potential buyers should always purchase from reputable retailers, highlighting the challenges posed by sophisticated scams.
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