What is 24 karat gold?
Posted on: 06/Sep/2019 4:37:25 PM
24 karat gold contains 24 parts of pure 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 colour. There is no higher form of gold than 24K! 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 the 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.
To get the latest Gold/Silver price visit : Gold rate in Chennai
