24 karat gold contains 100% pure gold. The price of a gram of pure gold, 24 carats, depends exclusively on the price of an ounce of gold. The 24-carat denomination is no longer used in France in commercial transactions, but “999”, since gold is considered never to be chemically pure.
. | USD | Dollar CAD | EUROS | CHF |
---|---|---|---|---|
gold price per gram. 999 Gold/24 Kt | 61.2 | 80.78 | 56.44 | 56.92 |
gold price per gram. 750 Gold/18 Kt | 45.91 | 60.59 | 42.34 | 42.7 |
gold price per gram. 585 Gold/14 Kt | 35.71 | 47.14 | 32.93 | 33.21 |
gold price per gram. 333 Gold/9 Kt | 22.95 | 30.29 | 21.17 | 21.35 |
Gold is too soft a metal to be used in jewelry. 24 karat (999/1000) gold jewelry is easily deformed. It is for this reason that in Europe the majority of gold jewelry is made with 18 karats and 9 karats. In India, on the contrary, pure gold is valued for the manufacture of adornment, as a form of investment, the jewelry not being worn.