The Carat (abbreviation k) is a measure of the purity of gold. As a measure of purity, one carat is one twenty-fourth purity by weight:

Therefore 24-carat gold is pure gold (99.99%), 18-carat gold is 75% purity, 12-carat gold is 50% purity, etc.

The carat system is increasingly being complemented or superseded by the millesimal fineness system in which the purity of precious metals is denoted by parts per thousand of pure metal in the alloy.

The most common carats used for gold in bullion and jewelry are:

24 carat (fineness 999/1000)

22 carat (fineness 916/1000)

20 carat (fineness 833/1000)

18 carat (fineness 750/1000)

15 carat (fineness 625/1000)

14 carat (fineness 585/1000)

10 carat (fineness 417/1000)

  9 carat (fineness 375/1000)

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