Is it a good idea to purchase gold?
How to make profits for today and tomorrow?
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Discover the most reliable way to save and multiply your money with gold!
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Nature gifted gold with valuable properties which makes it unique for its use in several fields. Humanity gifted gold with the status of real money, symbol of success, prosperity and wealth.
How to use your money in the best way to make a profit?
Some people make investments bearing huge risks and involving great expenses, without a guarantee of profits.
The purchase of gold with rewarding conditions, nonetheless, is now available for people around the world who aim at preserving and multiplying their income.
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Gold was the rule for centuries. After a few decades with paper money at the head of the economy, the continuous financial crises call for a change. The 21st Century has become the Golden Century as more and more people are aware of the importance of buying gold.
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Gold, the real money!
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Gold Purity and Colour Guide
What is the difference between 24k, 22k and 18k gold
The Different Karats of Gold
Karat is the term used to
measure the gold content or purity. Before we understand the difference
between 24k, 22k and 18k gold, you must know what karat stands for.
Karat is basically a unit used to measure the purity of gold. The
higher the karatage, the purer the gold. Here’s a simple guide to
understanding the difference between 24k, 22k and 18k gold.
24K gold
24k gold is also called
pure gold or 100 per cent gold. This means that all 24 parts in the
gold are all pure gold without traces of any other metals. It is known
to be 99.9 per cent pure and takes on a distinct bright yellow color.
There is no higher form of gold than 24K and you must be aware of this
before you go to a dealer who might tell you that they’re selling you
25K or 26K gold. Since this is the purest form of gold, it is naturally
more expensive than 22K or 18K gold. However, this type of gold is
lesser in density as compared to gold of a lower karatage which makes
it soft and pliable. Hence, it is not suited for regular forms of
jewellery. Coins and bars are mostly bought of 24K gold purity. 24K
gold is also used in electronics and medical devices such as those used
for children suffering from ear infections who are fitted with gold
tympanostomy tubes that are known to improve aeration of the middle
ear.
22K gold
22K gold jewellery implies
that 22 parts of the jewellery amounts to gold and the balance 2 parts
are some other metals. This kind of gold is commonly used in jewellery
making. In 22K gold, of the 100 per cent, only 91.67 per cent is pure
gold. The other 8.33 per cent comprises metals like silver, zinc,
nickel and other alloys. It is this addition of metals that make the
texture of gold harder thereby making the jewellery durable. However,
you must know that although this can be used to make plain gold
jewellery, 22K gold isn’t preferable for diamonds and heavily studded
jewellery.
18K gold
18K gold is 75 per cent
gold mixed with 25 per cent of other metals like copper or silver etc.
Usually studded jewellery and other diamond jewellery is made in 18K
gold. This kind of gold is less expensive compared to 24K and 22K. This
one has a slightly dull gold colour. Recognizing 18K jewellery is
rather simple – you will see the item stamped with 18K, 18Kt, 18k or a
variation similar to these. At times, 18K gold is marked by 750, 0.75
or a stamp similar to these in order to symbolise that the jewellery
contains 75 per cent gold.
How is fineness calculated?
In the West the karat is
expressed in fineness. For e.g. 24 k gold is expressed as 1000 parts
out of 1000 pure or fineness 1.000. 22 k is expressed as 22 divided by
24, multiplied by 1000 which will give you a fineness of 0.9166, 21
karat is 21 divided by 24 multiplied by 1000 which is 0.875 fineness
and similarly 18 karat is 0.750 fineness.
The Different Colours of Gold
24 karat gold has the
natural warm colour of pure gold and its colour cannot be changed
without changing the purity to less than 24 k. Other colours of gold
can be made by changing the composition of the alloy in the making of
the jewellery. Pink gold for example is made by adding more copper in
the alloy composition of the gold. Likewise Green gold is more of zinc
and silver and white gold is more of nickel. A surface colour can also
be given to gold articles by electro-plating. However this can only be a
surface finish and will be worn off over a period of time.
24 karat gold contains 24
parts pure gold. 22 karat gold contains 22 parts gold and 2 parts of
other metals added as alloy. 21 karat gold contains 21 parts gold with
three parts of other metals added. 18 karat gold contains 18 parts pure
gold with 6 parts of other metals added. In the West the karat is
expressed in fineness. For eg. 24 k gold is expressed as 1000 parts out
of 1000 pure or fineness 1.000. 22 k is expressed as 22 divided by 24 ,
multiplied by 1000 which will give you a fineness of .9166, 21 karat
is 21 divided by 24 multiplied by 1000 which is .875 fineness and
similarly 18 karat is .750 fineness.
Buyer's Tip
24 karat = 100% gold or Pure gold
22 karat = 91.7 % gold
18 karat = 75.0 % gold
14 karat = 58.3 % gold
12 karat = 50.0 % gold
10 karat = 41.7 % gold
