Metal Prices

TODAY’S METAL PRICES & FACTS ABOUT GOLD


[Most Recent Quotes from www.kitco.com]

Determining Karat Value (Fineness)

The purity of gold is described by its fineness, parts per 1000, or by the karat, a 1/24 part of pure gold by weight (the spelling “carat” is used in the British Commonwealth). Pure gold is alloyed (mixed) with other metals to make it more durable and affordable or to change its color. The table below lists karat qualities of gold jewelry.

KARAT
(USA)
PARTS GOLDGOLD %FINENESS
(EUROPE)
24K24/2499.9%999
22K22/2491.6%916
21K21/2487.5%875
18K18/2475.0%750
14K14/2458.3%583 (585)
12K12/2450.0%500
10K10/2441.6%417
9K9/2437.5%375
8K8/2433.3%333

Gold Content and Notation

A table indicating the composition of different gold alloys is presented below. It gives a better understanding of how some colored gold 18K is formed.

GOLD
Color
%
gold
%
silver
%
copper
%
palladium
yellow759.515.5
green7525
pink755.020.0
rose7525.0
white7525

Quotes provided above are courtesy of Kitco.com. Buy, Sell, Loan Inc. is not responsible for the accuracy of the information provided.

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