Not safe to wear precious metals this days

With the increased of gold price in the market which has reach one of its high peck so wearing of this precious metal such as gold and platinum is not very safe as its attracted snack thief. Recently I was imformed that my sister in laws was robbed of her gold chain and gold braclets with small diamond inclusive of cash and valuable documents to snack thief while out from shopping comlplex.

In the mainland four robbers in ski masks with two of them armed with a pistol and an axe, robbed two goldsmith brothers of their jewellery worth rm 300,00.00. The wictims in the middle thirty were about to leave their double stirey house when they were confronted by the robbers. The precious metal and precious stone were going to deliver to a clients on that day. The jewerelly was gone in around three minutes in a busy street.

Precious metals, gold coin to marks 50th National day

In conjuction with Malaysia celebrating its fifty National day, Royal Selangor is coming up with an exclusive gold coins of 100 ringgit which is worth of RM1,957.00 of gold value. This precious metals is specially place in a designed box to paid tribute to our frist prime minister.

A limited of 395 of this precious metals of gold coins is up for sale at the Royal Selangor at the price of malaysia ringgit of 1,957, the year where Malaysia got its independence in 1957. Each precious metals has the portrait of the Tunku Abdul Rahman together with the inscription Bapa Malaysia and on the reverse side of the coin is the house of parliament. A 14 point star and a crescent moon with the inscription of the denomination RM100.00.

precious metals stolen, no one knows

Two men, believed to be of arab origin, walked into a goldsmith shop and coolly made off with jewellery amd others precious metals worth around nine hundred thousand Malaysian dollars in less than ten minutes. The incident occurred at around three in the afternoon at a goldsmith shop along Jalan Bintang.

The reports said that the precious metals were kept in a bag that was left in the premises office and one of man managed to get into the office and took the bag while his accomplice was outside pretending to be customer. Nobody realised what had happened until the two men were long gone.

Gold finding in golden sand

As gold price is going up everytimes there is a rushamoung local farmers for the precious metals three decades after the activity lost commercial value in Kelantan. With the sharp worldwide surge in gold prices, most farmers in that area who mine gold as a part time and was delighted to discover that they can earn extra imcome home up to hundred Malaysiam dollars per day.

Most of the farmers are happy with their extra income as the gold fragments may not look much, but when accumulated, it can fetch a good price as the global gold commodity markets is rising. This precious metals has brought a shine to the lives of this farmers and rubber tappers who continue to look for gold in the sands in and around Pasir mas (golden sand ).

Several early women has been scammed of their precious metals

Several early women has been scammed of thousand of dollars and and had to part with their precious metals and stone to a groups of con people according to the police that more than five or more cases had reported so far this year and more than a dozen reported cases last year.

In one incident a sixty years old women was cheated by a groups of three to four people. The first person pretending to ask for direction and then joined in by their friends and later one persons will tell the ladies that the ladies is not looking well and had a disaese which they had a friend who can cure the sickness. But the women first had to put all her money, precious metals and stone in a plastic bag for praying. The women will ask to pay a small fees for the prayers.

After a few hours of chanting and praying the bag was returned to the lady and was ask not to open the parcel till the next day so that the precious metal and stone will strong to cure the disease. The next day it is only paper, stone and iron left in the bag when the plastic is open.

Precios metals gold bathtub reports stolen in a hotel

In Japan, Japanese police are scratching theirs heads over how a eighty kilos of precious metals worth 120 million yen gold bathtub reported stolen from a big hotel in Tokyo to be lift and carried away from the hotel.

The staff discovered that the gold bathtub has been missing in the early morning when their reports for duty. The gold bathtub from a shared bathroom for men on the tenth floor of the hotel in Kamogawa by the Pacific Ocean.

The police found no sign that the heavy gold bathtub had been dragged out of the hotel. The door to the room of the precious metals, where the gold bathtub situated is lock heavy chain. The chain were found cut off in the morning whereby a similar bathtub in the hotel shared bathroom for the women is still in place. The police sucpect is a inside jobs

Platinum one of the toughest and most expensive precious metals

Platinum jewelry can be consider one of the toughest and most expensive metal then gold and others types jewelry. This precious metals, the platinum when design and combined with diamond as most designer prefer to use today. Platinum jewelry will turn to shineing again just a wash with water and amild soap while gold and other precious metals needs some chemicals to wash.

When colorless diamonds are set into platinum they remain colorless because there is no yellow color in the metal that might be attracted to the diamond. When diamonds are set into white gold, they most often pick up yellow color from the white gold as these alloys include zinc, palladium. This occurs because gold starts life as yellow gold.

Investment in gold coin

Soaring gold prices have led to a new trend among buyers, who are now buying bullion in the form of coins. Many buyers are now converting their cash into precious metels such as gold and also others metels as ingots and gold coins. Many invested are now beginning to look at gold purely as a financial assets, adding to their investment portfolio. Many women now choose to buy precious metels such as gold coin or even gold bars instead of jewellery as jewerlly will add 30% craftsmenship cost.

One jewellery shops said the business in selling gold coin goes up compare to others jewellery thats included with craftmenships cost. People are not waiting to see if the market is going up or down but are buying bullion as it is considered a hedge against inflations.