Many people are reluctant to walk around with cash in their pockets, let alone gold nuggets.
On Friday, January 19 at approximately 18:00 members from Witbank Police Station were patrolling in John Maree Street when they stopped and searched a person walking in the street carrying a bag. The police found two small bags of gold nuggets inside the bag.
The nuggets of gold that were found on Friday, January 19.
The nuggets were confiscated and the suspect was arrested.
A gold bar, also called gold bullion or a gold ingot, is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labelling, and record keeping.
Gold nuggets.
Larger gold bars that are produced by pouring the molten metal into moulds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets.
The premium on these bars when traded is very low over the spot value of the gold making it ideal for small transfers between banks and traders.
ALSO READ
https://www.citizen.co.za/witbank-news/59936/tanker-worth-more-than-gold/?fb_comment_id=726520430781747_781923841908072
https://www.citizen.co.za/witbank-news/86399/is-it-real-gold-bite-it-and-see/
