What is 24 karat gold: Gold has special significance in Indian culture. There is a tradition of buying gold on many festivals in India. Dhanteras is one of the main ones. There is not much time left for Dhanteras to arrive. This year Dhanteras will be celebrated on 29 October 2024. Buying gold on this day is considered auspicious. There are 3 types of gold available in India. 24 carat, 22 carat and 18 carat. This division has been done on the basis of purity of gold. Let us know in detail.

What is 24 carat gold?

24 carat gold comes on top in terms of purity. It is 99.99 percent pure gold. It is also called 999 gold. 24 carat gold is available in the form of bricks or bars. Those who want to buy gold only for investment purposes can buy 24 carat gold bricks or bars.

What is 22 carat gold?

Jewellery cannot be made from 24 carat gold. To make jewellery, some adulteration has to be done in gold. In such a situation, 22 carat gold proves to be very useful. This gold is 91.67 percent pure. It is also known as 916 gold. That means 8.33 percent other metals are mixed in it. This adulteration is other metals like silver, copper, zinc.

What is 18 carat gold?

Like 22 carat gold, 18 carat gold is also not pure. It is mixed with 18 parts gold and 6 parts other metals. That is, this gold is 75 percent pure, in which 25 percent is adulterated. Jewellery is also made from 18 carat gold. Jewellers have made more categories of gold. Like 23 carat, 16 carat, 14 carat, 10 carat etc. They mix other metals in gold according to carat and make jewellery from them.