HOW DO YOU KNOW ITS REAL GOLD?

All that glitters isn't gold! When buying gold jewelry, always look for a karat mark, such as 18K, 14K, 10K, etc. plus the manufacturer's trademark. Stamped somewhere on each piece, this mark of quality indicates you are buying real gold.

The karat mark refers to the purity of gold. Gold in its purest state, 24 karat, is generally considered too soft for practical use in jewelry.

It must be alloyed with other special metals to increase its durability and workability.

Twenty-four karat is 100% pure gold, or 24 parts gold; 18K is 18 parts gold and 6 parts other metal; 14K is 14 parts gold and 10 parts other metal; and, 10K is 10 parts gold and 14 parts other metal.

Nothing less than 10K can legally be marked or sold as gold jewelry in the United States. Alloys of less than 10 karat gold cannot be stamped with the karat mark and are not considered real gold. For example, some jewelry is processed with a layer of gold which has been mechanically bonded to a base metal. This jewelry cannot have a karat mark unless it is qualified. In other words it must be marked "gold filled" preceded by the karat fineness; e.g. "14K gold filled."

Summing up, with gold an ever more precious and fashionable metal, the karat mark on a piece of jewelry is becoming increasingly significantly. Only karat gold jewelry is real gold, offering the lasting characteristics of this precious metal.

WATCHES IS USING AS A JEWELLERY

We can use watches as a jewellery by men and women both. A watch is a timepiece that is made to be worn on a person. The term now usually refers to a wristwatch, which is worn on the wrist with a strap or bracelet. In addition to the time, modern watches often display the day, date, month and year, and electronic watches may have many other functions.

Most inexpensive and medium-priced watches used mainly for timekeeping are electronic watches with quartz movements. Expensive, collectible watches valued more for their workmanship and aesthetic appeal than for simple timekeeping, often have purely mechanical movements and are powered by springs, even though mechanical movements are less accurate than more affordable quartz movements.

Before the inexpensive miniaturization that became possible in the 20th century, most watches were pocket watches, which often had covers and were carried in a pocket and attached to a watch chain or watch fob. Watches evolved in the 1600s from spring powered clocks, which appeared in the 1400s.

JEWELLERY WORN PERSONALLY

Someone wear jewellery as a personally attachment. Jewelry personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring , pin , and earring . Its use antedates clothing, and it has been made of a variety of materials including berries, nuts, seeds, perforated stones, feathers, hair, teeth, bone, shells, ivory, and metals. Although bronze and silver have been used by primitive peoples and in modern handwrought jewelry, gold has usually been the preferred metal. Jewelry has been decorated by engraving, embossing, etching, and filigree, and by application of enamel, mosaic, gems , semiprecious stones, and glass.

JEWELLERY OF TODAY AND IMPACT ON SOCIETIES

Jewellery makes high and important impact on the society. It is related to the cultures of the nation and languages in the modern world. Jewellery has been used to denote status. In ancient Rome, for instance, only certain ranks could wear rings; Later, sumptuary laws dictated who could wear what type of jewellery; again based on rank. Cultural dictates have also played a significant role; for example, the wearing of earrings by Western men was considered "effeminate" in the 19th and early 20th centuries. More recently, the display of body jewellery, such as piercings, has become a mark of acceptance or seen as a badge of courage within some groups, but is completely rejected in others. Likewise, the hip hop culture has popularized the slang term bling-bling, which refers to ostentatious display of jewellery by men or women.

COMPARISON OF GOLD AND SILVER

COMPARISON OF GOLD AND SILVER

Everyone wants to know about gold but some special person is want to know about gold but as well as silver. Here we discussed and comparison between gold and silver which are as follows:

Silver and gold are the most famous metals, especially between women. They are the masters of every lady's jewellery. But, have you ever asked yourself why these two metals are that much important and more expensive than many other types of metals? What are the main features of each one? Is gold or silver has the properties that you are looking for in a metal? The purpose of this essay is to compare and contrast two types of metals (Silver and Gold) in order to clarify their properties for students and those who work in related jobs, or even to add something useful to your knowledge. The features that will be compared include type of metal, symbol, atomic number, atomic weight, conductivity and uses.

There are many shared features between silver and gold that make them similar in many ways. First, both of them are of the same type of metal. Silver is a precious metal, and gold is too. Second, silver and gold were discovered in the same period of history. That was in pre-historical time. Then, another similarity between gold and silver is their atomic radius. Silver has the same atomic radius as gold. It is 1.34. Furthermore, they are also similar in their melting point. Both silver and gold melts at the point around 1000 C. Next, the conductivity properties of silver are the same as those of gold. Silver's electrical and thermal conductivity are as good as gold's. Finally, the use is the last similarity between the two types of metals. Silvers and gold are used to make jewelry in plating, due to their flexibility.

If we contrast silver with gold we can notice some differnces. The symbol of each metal is the first difference between silver and gold. While the symbol of silver is Ag, the symbol of gold is Au. Secondly, the atomic number of each metal is different. Silver has an atomic number of 47. In contrast, gold has an atomic number of 79. Moreover, the atomic weight of silver is not the same as gold's. While the atomic weight of silver is 107.87 gm, gold weighs 169.97gm.When it comes to the specific gravity, silver and gold are different. Silver has a specific gravity of 10.5. However, gold has a specific gravity of 19.3. At last, they differ in their boiling point. Silver boils at the point 2212 C. Unlike silver, gold boils at the point 2966 C.

In this essay we compared two types of metals: Silver and Gold. We compared some of their features such as discovery, atomic radius, specific gravity, melting and boiling points. The comparison shows that both metals have a good ability to conduct electricity and thermal. Also, they could be plated in order to make and design jewelry. Although silver and gold are very similar, they show some differences that make each one special with its features. What I advice you to do is to list the similarities and differences between the two types of metals in your mind, and pick up the metal that matches with what you need or what you are looking for.

Forex Trading Controlling Risk

Forex Trading Controlling Risk

Controlling risk is one of the most important ingredients of successful trading. While it is emotionally more appealing to focus on the upside of trading, every trader should know precisely how much he is willing to lose on each trade before cutting losses, and how much he is willing to lose in his account before ceasing trading and re-evaluating.

Risk will essentially be controlled in two ways: 1) by exiting losing trades before losses exceed your pre-determined maximum tolerance (or "cutting losses"), and 2) by limiting the "leverage" or position size you trade for a given account size.

Cutting Losses

Too often, the beginning trader will be overly concerned about incurring losing trades. He therefore lets losses mount, with the "hope" that the market will turn around and the loss will turn into a gain.

Almost all successful trading strategies include a disciplined procedure for cutting losses. When a trader is down on a position, many emotions often come into play, making it difficult to cut losses at the right level. The best practice is to decide where losses will be cut before a trade is even initiated. This will assure the trader of the maximum amount he can expect to lose on the trade.

The other key element of risk control is overall account risk. In other words, a trader should know before he begins his trading endeavor how much of his account he is willing to lose before ceasing trading and re-evaluating his strategy. If you open an account with $2,000, are you willing to lose all $2,000? $1,000? As with risk control on individual trades, the most important discipline is to decide on a level and stick with it. Further information on the mechanics of limiting risk can be found in the foreign currency trading literature.

Determining Position Size

Before beginning any trading program, an assessment should be made of the maximum account loss that is likely to occur over time, per your standard trading quantity. For example, assume you have determined that your worse case loss on your standard trade (quantity of 100,000) is 30 pips. That translates into approximately USD 300 per 100,000 EUR/USD position size. Five consecutive 100,000 EUR/USD losing trades would result in a loss of USD 1,500 (5 x USD 300); a difficult period but not to be unexpected over the long run. For a $10,000 account trading 100,000 EUR/USD, this translates into 15% loss. Therefore, even though it may be possible to trade 5 such positions or more with a $10,000 account, this analysis suggests that the resulting "drawdown" would be too great (75% or more of the account value would be wiped out).

Any trader should have a sense of this maximum loss per their standard trading quantity, and then determine the amount he wishes to trade for a given account size that will yield tolerable drawdowns.

Forex Trading Calculating Profit

Forex Trading Calculating Profit

The objective of forex currency trading is to exchange one currency for another in the expectation that the market rate or price will change so that the currency you bought has increased its value relative to the one you sold. If you have bought a currency and the price appreciates in value, then you must sell the currency back in order to lock in the profit.

Let us assume that you open a long position by buying USD/JPY for 107.58 (quantity of 100000) and few hours after that, you close the position by selling USD/JPY for 107.74 (quantity of 100000). These two trades would bring you profit of (107.74 - 107.58) * 100000 = JPY 16000 (JPY is the counter or quote currency in the USD/JPY pair). You can than convert the profit to a currency you like, for example JPY 16000 = 16000 / 107.74 = USD 148.51.

We can also say that these two trades would bring you 16 "pips" profit. A "pip" is the smallest increment in any instrument. For asset types other than forex, the smallest increment is often called "tick". In EUR/USD one pip is 0.0001, in USD/JPY one pip is 0.01. Expressing position profits in pips is often very useful for quick calculations and estimates.