Is Gold Magnetic?

Is Pure Gold Magnetic?

Pure gold, also known as 24-karat gold, is not magnetic. Gold’s atomic structure makes it diamagnetic, meaning it is slightly repelled by magnetic fields but does not stick to magnets. This property is one way jewelers and buyers can test for authenticity; if a gold piece is strongly attracted to a magnet, it likely contains other metals or alloys. Understanding this property is essential for anyone handling physical gold coins, bars, or jewelry.

Why Some Gold Items Seem Magnetic

• Many gold jewelry pieces are not pure gold; they are alloys with metals like nickel, copper, or silver

• These additional metals may respond to magnets

• Higher-karat gold (18k, 14k) is less pure and may show slight magnetic attraction
  While pure gold remains non-magnetic, alloys in coins, jewelry, or decorative items can lead to confusion. Testing gold with a magnet is a simple preliminary check, but professional verification often requires acid tests, electronic testers, or X-ray fluorescence.

Gold vs. Tokenized Gold (XAUT and PAXG)

Gold has long been recognized as a stable and valuable asset, cherished for its ability to preserve wealth across generations. In the digital age, gold is no longer confined to physical bars or coins—innovations like tokenized gold have brought this timeless asset onto the blockchain. Platforms offering tokens such as XAUT and PAXG allow investors to hold gold in a fully digital form, combining the security and intrinsic value of gold with the accessibility, liquidity, and flexibility of crypto markets. By bridging traditional gold with blockchain technology, tokenized gold provides a modern way to invest in and trade this precious metal without the logistical challenges of storage or transportation.

How to Test If Gold Is Magnetic

• Use a small, strong magnet near the gold item

• Observe if the item moves toward the magnet or is slightly repelled

• Consult professional gold testers for conclusive results
  A simple magnet test helps identify potential alloyed gold. Pure gold should not react. This is useful when buying jewelry, coins, or bars from unknown sources. Tokenized gold eliminates this concern entirely, as each XAUT or PAXG token represents real gold held securely in vaults.

Why Investors Should Understand Gold’s Physical Properties

Knowing that gold is non-magnetic and how alloys behave helps prevent mistakes when buying physical gold. For example, counterfeit or low-purity gold may attract magnets, signaling it is not investment-grade. Understanding these properties also enhances awareness when evaluating coins, jewelry, and bars for resale or insurance purposes. For digital gold, these physical concerns are irrelevant because tokenized gold guarantees backing by actual, audited gold in professional vaults.

Checking Tokenized Gold Prices

• XAUT and PAXG prices track the spot gold price in real time

• Each token represents a specific quantity of physical gold

• Trading is instant and fully digital
  Tokenized gold provides the same value as physical gold without the challenges of testing, authenticity verification, or storage. Investors can trade fractions of gold immediately and track market price fluctuations live.

View tokenized gold on MEXC:
XAUT: https://www.mexc.com/price/XAUT
PAXG: https://www.mexc.com/price/PAXG

Final Thoughts

Pure gold is inherently non-magnetic, while most gold alloys may show slight magnetic properties depending on their metal content. Understanding this distinction helps investors and collectors verify authenticity and avoid counterfeit products. Tokenized gold offers a modern alternative, providing all the financial benefits of real gold with none of the physical testing concerns. At today’s spot price of $3,997.45 per troy ounce, investors can confidently gain exposure to gold digitally through XAUT or PAXG, combining reliability with convenience.