![]() In the early stage, a coin watch comprised a watch embedded inside a coin. In order to make watches more creative and playful, at the beginning of the 20 th century, some watch brands already made gold coin watch by choosing the discontinued $10 American Eagle or $20 American Double Eagle. ![]() Is it possible to employ gold ranging between 24k and 18k to make watches? Of course, it is possible. With the addition of other metals, it will enhance the durability of 18k gold. The colour of 18k gold can be easily modified subject to its composition. The 18k gold usually comprises 75% gold mixed with 25% other metals such as copper, silver, and other alloys. This explains why 18k gold is commonly utilized in the watch industry. The reason is quite simple: pure gold is a very stable precious metal, but it does not have a high degree of durability. I still remember when I was in the watch industry, whenever gold price went up, watch brands would use it as an excuse to adjust the retail price of their watches upwards conversely, at that time I did not see any reversing action from watch brands when gold price dropped.Īlthough the relationship between gold and high-end watches is very close, there is little chance that high-end watches could use 24k gold to make watches. High-end watches cannot escape from gold because gold is always used to make watch cases, buckles, and even rotors inside movements. When mentioning gold, I automatically think of watches. Because of Brexit, COVID-19 pandemic, anxiety of US dollar depreciation and long-term low interest rate, capital flows into the gold market for hedging, resulting in a great momentum to push up the gold price. I now disguise as an expert in finance, and try to explain with my common knowledge why gold prices had a such surge. Gold prices have increased substantially since 2018 autumn, cumulatively up 72 percent, and hit US $2000 an ounce for the first time this year.
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