What is 24 karat gold : Gold has special importance in Indian culture. There is a tradition of buying gold on many festivals in India. Dhanteras is the main among these. There is not much time left for Dhanteras. This year Dhanteras will be celebrated on 29 October 2024. Buying gold on this day is considered auspicious. There are 3 types of gold available in India. 24 carat, 22 carat and 18 carat. This division has been done on the basis of purity of gold. Let us know in detail.
What is 24 carat gold?
24 carat gold comes on top in terms of purity. It is 99.99 percent pure gold. It is also called 999 gold. 24 carat gold is available in the form of brick or bar. People who want to buy gold only for investment purposes can buy 24 carat gold bricks or bars.
What is 22 carat gold?
Jewelery cannot be made from 24 carat gold. To make jewellery, gold has to be mixed a little. In such a situation, 22 carat gold proves to be very useful. This gold is 91.67 percent pure. It is also known as 916 gold. That means 8.33 percent other metals are mixed in it. This adulteration consists of other metals like silver, copper, zinc.
What is 18 carat gold?
Like 22 carat gold, 18 carat gold is also not pure. 18 parts of gold and 6 parts of other metals are mixed in it. That means this gold is 75 percent pure, out of which 25 percent is adulterated. Jewelery is also made of 18 carat gold. Jewelers have created more categories of gold. Like- 23 carat, 16 carat, 14 carat, 10 carat etc. They mix other metals in gold according to carat and make jewellery.
