Before buying gold, know the rules of its purity, what is the difference between 18, 22 and 24 carat gold, how to identify

Siddharth PriyadarshiPublish Date: Thu, 20 Oct 2022 07:20 PM (IST)Updated Date: Thu, 20 Oct 2022 07:56 PM (IST)

New Delhi, Business Desk. The weight or purity of gold is measured in carats. The higher the carat, the higher the purity of the gold. The purity of gold is affected while making gold biscuits, coins, and jewellery. There are very fine differences between 24K, 22K and 18K gold. But it is not easy for an ordinary person to understand it.

Let us tell you what it means and why it is important to keep it in mind while buying gold.

24K gold

24 carat gold is 100% pure gold. It is completely pure and does not contain any other adulteration. It is known as 99.9 percent pure gold in the local market. Its color shines separately. It is known from its shining that it is 24 carat. This gold is more expensive than 22 or 18 carat gold. It is soft and malleable and hence not used in jewelry making.

24K gold is used to make coins, bars. It is also used in electronics and medical devices. It is also used to make gold bars, coins, electronic equipment and medical equipment.

22 carat gold

22 carat gold is mostly used for making jewellery. In 22K gold, 22 parts of the metal is gold and the remaining two are silver, zinc, nickel and other alloys. If measured by quantity, it is also called 91.67 percent pure gold. Mixing alloys hardens the texture of gold and hence makes the jewelry durable.

For daily use you need jewelry that is durable and strong. For this, alloys like copper, zinc and silver are used in it. Due to their presence, 22 carat gold is ideal for jewellery.

18 carat gold

18 carat gold contains 75 percent gold, in which 25 other metals like copper, silver etc. This type of gold is used for making stone studded jewelery and diamond jewellery. It is less expensive than 24K and 22K gold. It consists of 75% gold and 25% alloy, which makes it durable and hard.

how to identify pure gold

Nowadays there is a lot of adulteration in gold. In such a situation, it is very important to buy gold wisely. Do not miss the slightest that you may have a loss of thousands. Actually, the real identity of gold is only to the jeweler. But there are certain standards on the basis of which you can identify gold. Brightness is an important parameter. Although everything that glitters is not gold, there is a vast difference between the brilliance of pure gold and that of adulterated gold.

Apart from luster, pure gold is malleable, whereas adulterated gold is hard. Sanjay Verma, a wholesaler of gold in the Delhi bullion market, says that if you want to identify the purity of gold in a jiffy, then rub it lightly on a stone. If there is any inaccuracy then a mark of rubbing will be formed. If the gold is pure, then either the mark will be light or it will not be made at all.

buy gold by seeing hallmark

All gold coins, bars or jewelry have its purity marked. You should always buy jewelery which has hallmark and purity imprinted on it.

Also read-

Gold Coin Offers: ‘Silver’ of customers in the festive season, check these offers before buying gold on Dhanteras

Gold Price Today: Gold prices have come down by Rs 4000, if you have to buy before Diwali, then prepare

Edited By: Siddharth Priyadarshi

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