{"id":946,"date":"2017-12-27T20:21:00","date_gmt":"2017-12-27T12:21:00","guid":{"rendered":"https:\/\/sellgoldmalaysia.com\/?p=946"},"modified":"2020-03-22T22:43:49","modified_gmt":"2020-03-22T14:43:49","slug":"gold-measurements-what-do-the-terms-karat-troy-ounce-actually-mean","status":"publish","type":"post","link":"https:\/\/sellgoldmalaysia.com\/bm\/gold-measurements-what-do-the-terms-karat-troy-ounce-actually-mean\/","title":{"rendered":"Gold Measurements: What Do the Terms \u201cKarat\u201d &#038; \u201cTroy Ounce\u201d Actually Mean?"},"content":{"rendered":"<p>27 Dec 2017<\/p>\n<p>by Lorimer Wilson, <a href=\"https:\/\/www.munknee.com\/whats-the-difference-between-1-gold-karat-1-diamond-carat-and-1-troy-ounce\/\" target=\"_blank\" rel=\"noopener noreferrer\">munknee.com<\/a>:<\/p>\n<p><strong>What\u2019s the difference between 1 troy ounce of gold and 1 (regular) ounce? What\u2019s theMultiple-forms-of-gold-bullion difference between 18 and 10 karat gold? What\u2019s the difference between a .75 and a 1.0 carat diamond? Let me explain.<\/strong><\/p>\n<div><strong>Definition of \u201cKarat\u201d<\/strong><\/div>\n<p><strong><em>The term \u201ckarat\u201d is used to describe the unit of measurement for the proportion of gold\u00a0(i.e.\u00a0% purity of the gold content) in a piece of jewellery, coin, ingot or bar.<\/em><\/strong><\/p>\n<p>Gold will often be mixed with \u201cfiller metals\u201d such as silver, palladium, platinum, nickel and even copper\u00a0to combat the softness of pure 24 karat.<\/p>\n<ul>\n<li>Gold which contains a degree of silver, platinum or palladium\u00a0is referred to as\u00a0\u201cwhite gold\u201d and will classify with a higher amount of karats while the presence\u00a0of nickel leads to a slightly lower designation of karats.<\/li>\n<li>Copper is used to give gold durability and give it a golden rosy tone.<\/li>\n<\/ul>\n<p>Below is a table outlining the karat designations at various\u00a0gold purity levels plus the extent of\u00a0\u201cfineness\u201d as is used in\u00a0some countries such\u00a0 as Italy.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Karat\/Fineness<\/td>\n<td>Gold Content [Purity]<strong><br \/>\n<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>24 <\/strong>karat<\/td>\n<td><strong>99+%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>22 <\/strong>karat\/917<\/td>\n<td><strong>91.6%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>21 karat<\/td>\n<td>87.5%<\/td>\n<\/tr>\n<tr>\n<td>20 karat<\/td>\n<td>83.3%<\/td>\n<\/tr>\n<tr>\n<td><strong>18 <\/strong>karat\/750<\/td>\n<td><strong>75.0%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>15 karat<\/td>\n<td>62.5%<\/td>\n<\/tr>\n<tr>\n<td><strong>14 <\/strong>karat\/583<\/td>\n<td><strong>58.5%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>10 karat\/417<\/td>\n<td>41.7%<\/td>\n<\/tr>\n<tr>\n<td><strong>9 <\/strong>karat<\/td>\n<td><strong>37.5%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>8 karat<\/td>\n<td>33.3%<\/td>\n<\/tr>\n<tr>\n<td>1 karat<\/td>\n<td>4.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>In some countries \u201ckarat\u201d and \u201ccarat\u201d are used almost interchangeably although, strictly speaking, the words\u2019 correct meanings are defined as:<\/p>\n<ul>\n<li>karat: the % purity of precious metal content<\/li>\n<li>carat: the weight of a gemstone<\/li>\n<\/ul>\n<p><em><strong>100% pure gold is defined as having a purity of 24 karats so if something is 24 karat gold then it\u2019s made of gold and nothing else \u2013 regardless of size\u2026\u00a0<\/strong><\/em><\/p>\n<p>Gold is a relatively soft metal and high-karat\u00a0gold tends to be easily damaged and, as such, a\u00a024 karat item is usually\u00a0reserved for display or ceremonial use as the picture of me with \u201cmy\u201d 100kg. Canadian Maple Leaf 99.99999% pure gold coin which is now worth in excess of $3,500,000 USD! (100kg. x 32.1507466 troy oz. x $1,100\/ozt. USD)<\/p>\n<figure id=\"attachment_13367\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.munknee.com\/wp-content\/uploads\/2010\/08\/gold1.jpg\" data-slb-active=\"1\" data-slb-asset=\"753781886\" data-slb-internal=\"0\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-13367 tie-appear\" title=\"World's First 100-kg, .99999% Pure Gold Bullion Coin\" src=\"http:\/\/www.munknee.com\/wp-content\/uploads\/2010\/08\/gold1-300x200.jpg\" alt=\"World's First 100-kg, .99999% Pure Gold Bullion Coin\" width=\"300\" height=\"200\" \/><\/a><figcaption class=\"wp-caption-text\">munKNEE.com Editor-in-Chief Lorimer Wilson with the world\u2019s first 100-kg, 99999 pure gold bullion coin with a $1 million face value. It was produced by The Royal Canadian Mint.<\/figcaption><\/figure>\n<p>All jewellery is required by law to be stamped so consumers will know the quality of gold used. Jewellery made in North America is typically marked with the karat grade (10K, 14K, etc.), and jewelry made in Italy is typically marked with the \u201cfineness\u201d such as (417, 583, etc.). Most retail gold items have a karat rating in the range 9 to 18.\u00a0In the U.S. the minumum karat value for an item to be sold as gold jewelry is 10. In the UK 9 karat is more common.<\/p>\n<p>The number 24 may have originally been chosen to represent pure gold because it divides evenly by 2, 3, 4, 6, 8 and 12. Thus it\u2019s easy to talk about a gold item being half pure (12 kt),\u00a02\/3 pure (16kt) etc.\u00a09 karat would thus be\u00a03\/8 gold, 18 karat would be\u00a06\/8 (i.e. 3\/4).<\/p>\n<p><strong>Definition of a\u00a0\u201cTroy\u201d Ounce<\/strong><\/p>\n<p><em><strong>A troy ounce (ozt) is a unit of imperial measure most commonly used to gauge the weight and therefore the price of precious metals.<\/strong><\/em><\/p>\n<p><a href=\"https:\/\/www.metric-conversions.org\/cgi-bin\/util\/conversion-table.cgi?type=5&amp;from=14&amp;to=15\">One troy ounce is equivalent to<\/a> 1.09714 avoirdupois (our conventional every day measurement) ounces i.e. 9.714% <em>greater<\/em> in weight and <a href=\"https:\/\/www.metric-conversions.org\/cgi-bin\/util\/conversion-table.cgi?type=5&amp;from=2&amp;to=14\">1 kg. consists of<\/a> 32.1507466 troy oz.<\/p>\n<p>Please keep the distinction between ounces and troy ounces in mind when buying small quantities of gold and\/or silver.<\/p>\n<p><strong>\u00a0Definition of \u201cCarat\u201d<\/strong><\/p>\n<p><em><strong>The term \u201ccarat\u2019 is\u00a0used to describe\u00a0the unit of\u00a0weight of a gemstone, including diamonds, where 1 carat\u00a0= 200 milligrams\u00a0or\u00a01\/5 of a gram.<\/strong><\/em><\/p>\n<p>Smaller diamonds\u00a0are often expressed as <strong>points<\/strong>, not carats, where 100 points = 1 carat\u00a0(i.e. each point equals 0.01, or 1\/100, of a carat).<\/p>\n<p><strong>Origin of the Word \u201cCarat\u201d<\/strong><\/p>\n<p>The word \u201ccarat\u201d is derived from the Greek \u201ckeration,\u201d meaning fruit of the \u201ccarob\u201d tree. Because the seeds of the carob were uniform in size, they became a unit of measure of fine gemstones. Since an average carob seed weighs 200 milligrams, the weight of 1 carat was set at 200 milligrams.<\/p>\n<p><strong>\u201cCarat\u201d Abbreviations<\/strong><\/p>\n<p>The abbreviation <strong>ct<\/strong> is a shortened way to write carat, and refers to the weight of a single diamond.\u00a0 The abbreviation <strong>ct TW<\/strong> means carat total weight, and is used to express the total weight of multiple diamonds used in a piece of jewelry.<\/p>\n<p><strong>\u201cCarat\u201d Weight vs. Size<\/strong><\/p>\n<p>Carat weight is used as a measure for gemstones other than diamonds\u00a0as well,\u00a0but different gems of the same weight aren\u2019t necessarily the same size, because some gemstones are more dense than others\u2013meaning that they pack more weight into a smaller space.<\/p>\n<div>Two diamonds of equal carat weight can have very different costs based on other factors (such as cut, color, and clarity). In understanding the importance of carat weight it is important to know who you are dealing with.<\/div>\n<p>As the carat\u00a0weight of a diamond increases, the diamond\u2019s price increases at an increasing rate. Why? Because the larger the diamond, the more increasingly rare it is. Fewer than one in one million mined rough stones are large enough to produce a finished 1 carat diamond so, as carat weight increases, you will typically pay more not only in total, but on a price-per-carat basis as well.<\/p>\n<p><strong>Conclusion<\/strong><\/p>\n<p><strong>Never again will you be misled when reading about or considering the purchase of any item in which\u00a0the terms karat, carat or troy ounce are \u2013 often loosely \u2013 used.<\/strong><\/p>\n<p>Read more at <a href=\"https:\/\/www.munknee.com\/whats-the-difference-between-1-gold-karat-1-diamond-carat-and-1-troy-ounce\/\" target=\"_blank\" rel=\"noopener noreferrer\">original source<\/a>:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>27 Dec 2017 by Lorimer Wilson, munknee.com: What\u2019s the difference between 1 troy ounce of gold and 1 (regular) ounce? What\u2019s theMultiple-forms-of-gold-bullion difference between 18 and 10 karat gold? What\u2019s the difference between a .75 and a 1.0 carat diamond? Let me explain. Definition of \u201cKarat\u201d The term \u201ckarat\u201d is used to describe the unit&hellip;&nbsp;<a href=\"https:\/\/sellgoldmalaysia.com\/bm\/gold-measurements-what-do-the-terms-karat-troy-ounce-actually-mean\/\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Gold Measurements: What Do the Terms \u201cKarat\u201d &#038; \u201cTroy Ounce\u201d Actually Mean?<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":1357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/posts\/946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/comments?post=946"}],"version-history":[{"count":0,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/posts\/946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/media\/1357"}],"wp:attachment":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/media?parent=946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/categories?post=946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/tags?post=946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}