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Beware when buying gold…916 means 91.6% pure

Read a news today and some shops might sell under quality gold to consumers and cheat.

916 gold should have at least 91.6% of gold content inside, but some shops tend to mix it with other material and have less than 91.6% gold content.

One of the example as in the news below is Baalaji Jewellers in Little India in Singapore.

http://www.sinchew-i.com/node/63790?tid=6

Singapore did a good job by doing random checking and publish the name of the shop to the public. In Malaysia, we never know…and never will know… 🙁

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