Gold purity guide

24K Gold

Understand 24K gold purity, common uses and how its reference rate relates to today’s 24K gold rate.

What 24K means

24K gold contains approximately 99.9% gold, with the remainder made up of alloy metals. It is commonly associated with coins and bars rather than everyday jewellery. Actual jewellery purity should be professionally verified.

How the rate is calculated

The supplied 24K reference is displayed exactly without deductions. A final jewellery valuation also depends on tested purity and net gold weight after non-gold materials are accounted for.

Karat, fineness and the published reference

Calculated references use the supplied 24K price: 22K at 91.6%, 20K at 83.3%, 18K at 75%, 16K at 66.7% and 14K at 58.3%, rounded to the nearest rupee per gram. The 14K/585 hallmark denotes 58.5% gold; it is not the 58.3% calculation basis used in this table.

A 999 mark denotes approximately 99.9% gold. Coins and bars can include packaging or certificates, neither of which should be counted as gold weight.

Before comparing a jewellery offer

Check the reference date, purity and weight unit together. A retail invoice can include making charges, stones and taxes; those amounts are not a promise of resale value. Ask for tested purity and net gold weight to be explained, and review an item-specific offer before deciding.

Calculate My Gold Value WhatsApp Us