Gold Karats Explained: 24K vs 22K vs 21K vs 18K

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A karat (K) expresses the share of pure gold in an alloy in 24ths. Pure gold is 24 karat; 18 karat gold is 18/24 = 75% gold, with the rest made of metals such as silver, copper or palladium that add strength and colour.

KaratGold contentHallmarkTypical use
24K99.9%999Bullion bars and coins, Chinese and Thai investment jewellery
22K91.6%916Indian, Pakistani and Gulf jewellery; gold sovereigns, Krugerrands, American Eagles
21K87.5%875The most popular jewellery grade in Egypt, Saudi Arabia and the wider Middle East
18K75.0%750European fine jewellery and watches
14K58.5%585USA, Russia and Eastern Europe everyday jewellery
10K41.7%417Lowest legal 'gold' standard in the USA

How to calculate the value of gold jewellery

Multiply the weight in grams by the purity and by today's price per gram of pure gold. For example, a 10 g chain in 18K contains 10 × 0.75 = 7.5 g of pure gold. Our karat tables and gold calculator do this automatically using the live spot price.

Remember that a jeweller's buying price will be lower than the melt value, and the retail price of new jewellery includes making charges and taxes.

Gold Price Today

Gold spot price · Ounce
$4,163.80
(—) 24h change
Live · Updated:
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Open
$4,191.00
Day range
$4,191.00 – $4,163.80
Gold Silver Ratio
72.71