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 indicative 24K rate is derived from the centralized 24K reference rate according to gold content. A final jewellery valuation also depends on tested purity and net gold weight after non-gold materials are accounted for.

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