Two of the most common types of gold are 14K and 24K. The "K" refers to karats. This is a measure of how much pure gold is contained in the alloy compared to other metals that are combined with it.
All gold is an alloy, since it is impossible to remove all the impurities. However, 24K gold is considered "pure gold," even though it is 99.9 percent pure. Fourteen-karat gold is 58.3 percent gold. Gold is usually mixed with silver or copper.
Since 24K contains more gold, it has more gold color and luster than 14K gold. Twenty-four karat gold is a deeper yellow color when compared to 14K gold.
Fourteen-karat gold is hard to the touch, as are most other metals. Twenty-four karat gold is soft and is easily bent and dented with bare hands.
Fourteen-karat gold is commonly used in jewelry and other fine luxury items. Twenty-four karat gold is almost exclusively used for gold bullion.
Twenty-four karat gold sells at a very high premium compared to 14K gold. Nearly twice as much gold is contained in 24K gold, and it costs more to purify.
- Photo Credit gold coin image by Greg Pickens from Fotolia.com
How Much Does a Dipped Gold Rose Cost?
The giving of flowers has long been a symbolic gesture in various societies. In the Victorian era, flowers were seen as a...
Definition of 24k Gold
The Federal Trade Commission (FTC) regulates and standardizes the gold rating markings within the United States. The content rating "24-karat" (24k) indicates...
Difference Between 18K Gold Price & 24K Gold Price
A karat (K) is the unit of measurement for the proportion of gold in a metal alloy. Since 24 karat gold is...
What Is a Gram of 14K Gold Worth?
Calculating what a gram of 14K gold is worth involves several conversions, and you need the most recent price of gold. The...
What Is 14K Gold?
Gold is a valuable precious metal commonly used in jewelery. Gold is often designated a karat weight, such as 14k, 18k, or...
Difference Between 10K & 24K Yellow Gold
There are significant differences between 10K and 24K yellow gold. K, which stands for "karat," is an indicator of purity: 24K gold...
10K Gold Vs. 14K Gold
Two of the most commonly used gold alloys are 10 karat (10K) gold and 14K gold. Both are combined with other materials...
How to Calculate Scrap Gold Prices Per Gram
Gold jewelry and coins are usually not pure gold. Because pure gold is very soft, another metal is added to harden these...
How to Sell 14K Filled Gold By the Ounce
Selling unused or damaged gold jewelry is one way to make some cash and recycle this precious metal. According to BankRate.com, the...
How to Price Gold in US Dollars Per Gram
A retail store selling gold, gold jewelry or gold objects may want to price the items per sale by the gram. Gold...
What Are the Differences Among 24K, 22K & .999 Gold?
Those earrings, necklaces, bracelets and rings you have accumulated over the years may be stamped with phrases such as 22K, 24K or...