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 | 62.26 | 57.11 | 57.9 | |
gold price per gram. 750 Gold/18 Kt | 46.7 | 42.84 | 43.43 | |
gold price per gram. 585 Gold/14 Kt | 36.33 | 33.32 | 33.78 | |
gold price per gram. 333 Gold/9 Kt | 23.35 | 21.42 | 21.71 |
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.