alloy

An alloy is a mixture of metals. Gold or silver may be alloyed with other metals to change strength, colour, durability, or working properties.

Why it matters

Jewellery and circulating coins often use alloys. Bullion products more often state fineness so buyers can calculate fine-metal content.

What to check

Lower purity does not automatically mean fake, but it does reduce the precious-metal content per gram.

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