Gold is measured in Karats. Well, more precisely, the purity of gold is measured in Karats. This unit of measure dates back to a time when “carob” beans were used to measure gold and it ranges in scale with 24 karat being the purest form of gold. Since 24 karat gold is both highly expensive and soft, gold is mixed with other alloys to make it stronger, firmer, and less costly. As the purity of gold content is reduced the karat number is also reduced on a sliding scale based on percentage of gold. The coupling of alloys with the gold allows for a range of color as well as durability and strength.
Most jewelry pieces are either 14 or 18 karat gold based on cost, availability, and workability. 14 karat gold is 58.33% gold content and 18 karat gold is 75 % gold content. These percentages and/or percentage contents are generally stamped on all gold pieces, but tests can be performed should the item not be stamped.
It is important to determine the karat of your gold piece to determine what it may be worth when buying or selling an item. Since gold is a commodity traded worldwide it is easy to look up the price of gold at any given time. The easiest thing to do is to go to a local gold shop that posts daily the value of gold and even gives breakdowns based on karats and gold percentages. That way it is really easy to see what your gold piece is worth based on karat weight.
With the current gold market so high many people are considering selling any gold items they may have around the house gathering dust. Once you know what the karat weight and worth of your gold is it may make it that much easier to decide to sell these items for some extra money or to get money to buy other pieces of gold. Again, I suggest going to a reputable gold buyer and let them show you how to quickly and easily turn your gold karats into cash money.
Most jewelry pieces are either 14 or 18 karat gold based on cost, availability, and workability. 14 karat gold is 58.33% gold content and 18 karat gold is 75 % gold content. These percentages and/or percentage contents are generally stamped on all gold pieces, but tests can be performed should the item not be stamped.
It is important to determine the karat of your gold piece to determine what it may be worth when buying or selling an item. Since gold is a commodity traded worldwide it is easy to look up the price of gold at any given time. The easiest thing to do is to go to a local gold shop that posts daily the value of gold and even gives breakdowns based on karats and gold percentages. That way it is really easy to see what your gold piece is worth based on karat weight.
With the current gold market so high many people are considering selling any gold items they may have around the house gathering dust. Once you know what the karat weight and worth of your gold is it may make it that much easier to decide to sell these items for some extra money or to get money to buy other pieces of gold. Again, I suggest going to a reputable gold buyer and let them show you how to quickly and easily turn your gold karats into cash money.
Don't forget that you can buy 10k (aka white Gold) also.
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