Gold is not a magnetic metal, so if it pulls towards, or sticks to the magnet, it’s fake. However, just because it doesn’t react to the magnet doesn’t mean it is real, as non-magnetic metals are used in counterfeit pieces as well. read more
Pure gold is not magnetic. That is, it doesn’t form a magnet on its own. If you put it in a magnetic field it will magnetize a tiny bit, but only so long as it’s in the field. and the direction of the magnetizaqtion makes it weakly repel the magnet. read more