Placer gold is gold, a kind of gold, which belongs to raw gold. Because the purity of placer gold extracted by elutriation is equivalent to 95 or 96 gold, it is much cheaper. If it is melted and refined, it will become mature gold with high purity.
Placer gold usually appears at the bottom of rivers or low-lying areas, usually mixed with rocks and sand, and can only be found by panning. It is a kind of ore, and the gem in placer gold is also a merchant's trick. It will be sold only because it looks golden. It looks like gold. People who don't know will be cheated, and those who know it is placer gold buy it just to satisfy vanity.
Precautions:
Placer gold is cheap. Although it looks similar to gold, it has no value at all and there is no room for appreciation like gold. Placer gold is also sought after by many people because of its low price. In fact, placer gold is actually a hyped concept, and the word "placer gold" is also popularized. In the relevant regulations of gold jewelry, placer gold is not a precious metal, so the "placer gold" sold in the market is only to satisfy people's curiosity. Many people will see labels such as "Vietnamese placer gold" and "Yunnan placer gold" in the market, which are actually gimmicks.