Glossary
Karat
A unit for measuring gold purity based on 24 parts: 24-karat gold is pure, 18-karat is 75% gold. In the US, karat is commonly used for jewellery; investment bullion is described using fineness (e.g. 999.9).
A unit for measuring gold purity based on 24 parts: 24-karat gold is pure, 18-karat is 75% gold. In the US, karat is commonly used for jewellery; investment bullion is described using fineness (e.g. 999.9).