How much is my Gold Worth, Gold Purity

Gold Purity

The purity of gold is measured in karats. The Karat number specifies how many parts of pure gold are contained in 24 parts of the gold. The higher the karat, the greater its gold content and price. The content of pure gold in the various karats is as follows:

24k = 24/24 = 100% pure gold
18k = 18/24 = 75.0% pure gold
14k = 14/24 = 58.5% pure gold
10k = 10/24 = 42.0% pure gold
9k = 9/24 = 37.5% pure gold (commonly found in Europe)

Karat marks are stamps or official markings on items made of gold. Typical American made jewelry is stamped in 14K or 18K, while most European or Asian made jewelry is stamped with the quality mark of .585 (14K) or .750 (18K). These stampings guarantee a certain purity of the metal. In addition to the karat mark, every piece of gold jewelry should be stamped with a hallmark or trademark of its maker. These designations assure you that you are buying genuine karat gold jewelry.