International Gold Karat Differences
Gold karats are a measure of the purity of gold in an alloy. The higher the karat number, the greater the percentage of pure gold. In the United States, gold is typically sold in 10k, 14k, 18k, and 24k. However, in other countries, the karat system may be different.
Karat Systems Around the World
* Metric System: In the metric system, gold is measured in carats per thousand. 24k gold is pure gold, while 18k gold is 75% pure gold and 25% other metals.
* Decimal System: In the decimal system, gold is measured in decimals. 24k gold is pure gold, while 18k gold is .750 pure gold and .250 other metals.
* British System: In the British system, gold is measured in carats per pound. 24k gold is pure gold, while 18k gold is 18 parts pure gold and 6 parts other metals.
Why the Differences?
The different karat systems around the world are due to historical and cultural factors. In the United States, the 10k, 14k, 18k, and 24k system was adopted in the early 20th century and has remained the standard ever since. In other countries, different systems have evolved over time.
Importance of Understanding Karat Differences
It is important to understand the different karat systems around the world when buying or selling gold. This is because the price of gold is based on its purity. If you are buying gold in a country that uses a different karat system, you need to be aware of the conversion rate to ensure that you are getting a fair price.
Conversion Chart
The following table shows the conversion rates between the different karat systems:
| Karat | Metric | Decimal | British |
|—|—|—|—|
| 10k | 417 | .417 | 9.17 |
| 14k | 583 | .583 | 12.50 |
| 18k | 750 | .750 | 15.83 |
| 24k | 999 | .999 | 21.67 |
Conclusion
The different karat systems around the world can be confusing, but it is important to understand them to ensure that you are getting a fair price when buying or selling gold. By using the conversion chart provided, you can easily convert between the different systems.
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