Everything you need to know about Portuguese gold

In Europe, we often notice differences in the way jewelry is made. For example, gold jewelry from Portugal does not have the same composition as jewelry in France. This situation intrigues you ? Good news, you are in the ideal place to get answers to all your questions!

WHAT IS THE COMPOSITION OF PORTUGAL GOLD ?

In France, the gold used in jewelry is 9 or 18 carats. Further south, in Portugal, necklaces, earrings (or brincos), the famous coracao de viana and even bracelets are made of 19.2 carat gold. This alloy makes it possible to produce more resistant products and to obtain different shades.

19.2 carat gold essentially takes three colors:

  • Gray – white: gold is then associated with palladium, up to 20%;
  • Red: the jewel contains 80% solid gold, 17% copper and 3% silver;
  • Yellow: the composition is 7% copper, 13% silver and 80% pure gold.

WHAT IS THE PRICE OF PORTUGUESE GOLD ?

Every day, the London Bullion Market Association sets the spot price of an ounce of gold. Currently the price is around 1,800 eur. So, on this basis it is possible to determine the price of Portuguese gold. It is then enough to calculate:

Gold price x 80%

Thus, in a piece of yellow Portuguese gold jewelry, containing 80% gold, the calculation is: 1,800 x 80% = 1,440 eur per gram.

In France, a discount of 6.25% is required to obtain the price per gram of an 18-carat jewel. 

HOW TO RECOGNIZE PORTUGAL GOLD USING HALLS ?

In France and abroad, gold jewelry, as well as bars, must bear hallmarks. They allow you to immediately recognize the title of the object. It is the precious metals guarantee office, located in Lisbon and Porto, which is responsible for defining the brands.

We therefore find:

  • 24 carat gold: deer head, and 999;
  • 22 carat gold: deer head, and 916;
  • 19, 2 carat gold: deer head, and 800;
  • 18 carat gold: swallow, and 750.

ARE THERE DIFFERENCES BETWEEN PORTUGUESE GOLD AND FRENCH GOLD ?

The difference between Portuguese and French gold is found in jewelry. Indeed, gold bars are pure, so there is no specificity. On the other hand, signet rings, plaques, rainha jewelry, chains of different sizes, and all gold products have a specific shade. The composition of the alloy directly influences the color of the gold. The gold takes on a warm appearance, which helps highlight the precious stones. Thus, man or woman, reis or rainha, Portuguese gold adapts to all needs.

You can now make an appointment in one of our Gold Union agencies, specialized in gold purchasing, to know all the specifics of gold and silver investment. We will help you invest in gold.