No.
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Well, maybe and maybe not. Not ALL pyrite is magnetic, but some is.
That said, Iron Pyrite, or fool's gold, can be tested for by a malleability test. Using a pin, or a pocket knife, try to cut or 'stab' the sample in question. If it bends to the point or blade, it is most-likely gold. If it shatters or breaks, it is most-likely either Iron Pyrite or Mica.
In 20-years of hobby-prospecting, the pocket-knife test is the best. That, and visually inspecting in direct sunlight where possible. Gold will have luster in and out of direct sunlight. Iron Pyrite will not display luster out of direct sunlight.
Final test for Iron Pyrite is Specific Gravity. Gold is 19.3, while Iron Pyrite is 5 (+/-0.1). With a pan, you can easily differentiate Iron Pyrite from Gold by stratification in a soil sample.
iron pyrites
What is iron pyrites?
Iron Pyrites - Iron Sulfide
Iron pyrites is commonly called "fools gold" since it is often mistaken for gold by people who do not know how to tell the difference.
Iron pyrites, plumbago.
Also known as "Fool's Gold", it is yellow, shiny, and tends to have crystals with flat surfaces (REAL gold does not shine) The link below is to a photo of iron pyrites.
Yes, iron is magnetic.
the answer is the iron of magnetic field so that it can cause magnetic field... iron.
Iron Pyrites is often referred to as Fools Gold because it forms metallic looking crystals which are golden in colour. The appearance of these crystals lead to them being commonly mistaken for gold by those who find them.
All iron is magnetic.
There are two types of iron: magnetic and non-magnetic iron. The iron in your body is the non-magnetic kind.
Either iron pyrites, FeS; or gold-coloured mica.