Found this chain at a middle school and the clasp on both ends say .925 but on my garrett at gold it was registering at 45-47 the same as gold. Is it possible this is gold just with silver clasps?
Chains read funny on a metal detector. It tries to read each individual link separately. A lot of times it will not register at all or numbers will be way off. I would test it, that's the only way to know for sure. Nice chain!