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What Is Capital Gains Tax

What is Capital Gains Tax? Capital Gains Tax (CGT) is a tax on profit or gains when you sell or dispose of an item. It is applicable to most assets that you may own I.e. bullion, shares, property. Each individual gets a tax free allowance of £6,000 (2023/24 tax year) any profits made over this

Historical and Modern Methods of Gold Smelting

Historical and Modern Methods of Gold Smelting Smelting and melting gold are two different processes that involve heat to transform raw ore into precious metal. Smelting involves using a blast furnace to melt the ore, then adding fluxes such as lime or silica sand to separate and remove impurities. Impurities, including other metals, are then

Where To Sell My Asian Gold Jewellery?

Selling Asian Jewellery to Lois Bullion We are often asked by our customers: Where do I sell my Asian jewellery? At Lois Bullion, more than half of the gold we purchase comes from South Asia, specifically from jewellery manufactured in countries such as India, Pakistan, Bangladesh, and Sri Lanka. In these countries, gold is commonly

The Evolution of Gold Alloys: A Historical Overview

When Regulated Gold Alloys Started From the earliest attempts at regulation in 1238 by Henry III, to the sophisticated system we know today, the history of gold alloys and hallmarking is a fascinating journey. Here are key milestones: 13th to 15th Century: The Foundation Years In 1300, Edward I established the maker’s mark and required

Understanding Gold Alloys: Maximise the Value of Your Scrap Gold

What is an Alloy in Gold? An alloy is a mixture of two or more metals. Gold alloys are created by combining pure gold with other metals such as silver, copper, zinc, or palladium. This process enhances the durability of gold, making it suitable for everyday use in jewellery and coins. The Role of Alloys