Gold prices
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Re: Gold prices
frank lee bent wrote:platin is not platinum, it is karat gold starting with 18k and dropping down through the grades.
yes, gold jewellery is cheaper in cambo than in the west.
how do i know?
i have been in the business for 35 years and worked as a smith as well as a lapidarist.
This is Frank's field ...
I was born with nothing , and I still have most of it left.
ChessCube Account name is generalchat
ChessCube Account name is generalchat
Re: Gold prices
Better to buy at a gold shop in Bangkok. Baht chains are popular 21k/24k. You get charged for the gold and very little for making it into jewelry. If I remember right Chinatown seemed to have a bunch of gold shops, but in Thailand they are everywhere.
- frank lee bent
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Re: Gold prices
same same all over asia
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Re: Gold prices
Garry.Crabtree wrote:I heard that after years of disappointing results, OZ Minerals sold its Mondolkiri resource. It seems that it didn't pan out
Customs Official; So, Mr Kelly, what is the purpose of your trip to Cambodia?
Henry Kelly; Going for gold
Cookin' MCs like a pound o'bacon
Re: Gold prices
Could I expect to pay the same in penhom penh as in bangkok? I have been to Chinatown., but don't have any time in Bkk this year before I meet with the misses.
- frank lee bent
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Re: Gold prices
yes, you will pay spot plus around 4-6% depending on the complexity ( amount of work) of the piece.
the chinese style gold shops are always painted red and usually publish prices.
you find them all over SEA
the chinese style gold shops are always painted red and usually publish prices.
you find them all over SEA
Re: Gold prices
Is the purity of the gold as per the karat? 10-14-28??? And is the karat stamped on the item?
- frank lee bent
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Re: Gold prices
http://www.tripadvisor.com.au/ShowTopic ... bodia.html
http://www.phnompenhpost.com/national/p ... hange-rate
from the first link:
Please note that in neighbouring Thailand, the standard gold purity is 96.5%, and the unit of measure/weight is the Baht which is equivalent to 15.244 Troy grams. So, if it’s gold you want buy Cambodian gold as its “purity” is higher.
also note that the author confuses "carats" a measure of weight (200 milligrams) used for precious stones with "karats", a measure of the purity of gold. we can also use a decimal fraction for gold and silver, 1.00 is "fine" or pure gold, but that is theoretical. In practise .999 fine is accepted as pure. Sterling silver is .925 fine- in other words, 92.5 %. these decimal measures make it easier to calculate alloys.
all areas with a few gold shops will have little kiosks where you can get your gold streak/acid tested
thus the colloquial name for pure gold tuk dorp meas referencing the acid ( water) used for testing.
Tuk Dorp Meas = literally means = Water (acid) (from the) Bottle (to test the) Gold (or 100% purity.)
http://www.phnompenhpost.com/national/p ... hange-rate
from the first link:
Please note that in neighbouring Thailand, the standard gold purity is 96.5%, and the unit of measure/weight is the Baht which is equivalent to 15.244 Troy grams. So, if it’s gold you want buy Cambodian gold as its “purity” is higher.
also note that the author confuses "carats" a measure of weight (200 milligrams) used for precious stones with "karats", a measure of the purity of gold. we can also use a decimal fraction for gold and silver, 1.00 is "fine" or pure gold, but that is theoretical. In practise .999 fine is accepted as pure. Sterling silver is .925 fine- in other words, 92.5 %. these decimal measures make it easier to calculate alloys.
all areas with a few gold shops will have little kiosks where you can get your gold streak/acid tested
thus the colloquial name for pure gold tuk dorp meas referencing the acid ( water) used for testing.
Tuk Dorp Meas = literally means = Water (acid) (from the) Bottle (to test the) Gold (or 100% purity.)
Re: Gold prices
Thank you very much for the detailed info, I learned a lot!
Is the karat stamped on the chain ?
Thanks for everything frank!
Is the karat stamped on the chain ?
Thanks for everything frank!
- frank lee bent
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Re: Gold prices
sometimes!
i would highly advise to avoid buying gems in Cambodia.
you kinda have to know what you are looking at.
if you are around in March and want to buy stones,for your jewellery project, i can help.
if you don't like what i have, i can still show you what to look for as there are some pretty ok deals if you know what to look for.
i would highly advise to avoid buying gems in Cambodia.
you kinda have to know what you are looking at.
if you are around in March and want to buy stones,for your jewellery project, i can help.
if you don't like what i have, i can still show you what to look for as there are some pretty ok deals if you know what to look for.
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