Web Reference: Despite being nicknamed "fool's gold", pyrite is sometimes found in association with small quantities of gold. A substantial proportion of the gold is "invisible gold" incorporated into the pyrite. Compared to actual gold, these minerals will flake, powder, or crumble when poked with a metal point, whereas gold will gouge or indent like soft lead. In addition, actual gold will leave a golden yellow streak when scraped on a piece of unglazed porcelain. Pyrite is commonly known as Fool's Gold. It has no value but it looks like real gold. Here are a few tests you can do to tell pyrite from gold.
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