Are Gold Nuggets 24K?
They are not, plain and simple. Gold that is found in mines is mixed with other metals and elements, which means that you can expect a purity between 80 to 90 percent. 24K gold is far, far purer, and cannot be found in nature unless it is a brand-new, unheard-of circumstance.
Is It Possible to Find A 24K Gold Nugget?
In theory, it could be possible. In practice, it’s impossible. For a 24K gold nugget to exist, you would need to have:
Is It Worth Investing in Gold Nuggets?
Gold, in any shape or form, can be a valuable investment if you view it as a long-term option. Unlike stocks or bonds, gold does not go out of business, nor does it require you to perform maintenance of it. While the price of gold can decrease, it’s not going to fall to zero anytime soon.
While they may be more expensive than your average gold bar, gold nuggets are not 24K. At most, you might be able to find a nugget that’s 21K or 22K. Pure gold just does not exist in nature—or at least, it’s exceedingly rare.
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