Types Of Gold | Well Researched Guide About Gold Carats – 2023
Gold has been accepted as a currency all over the world. We see our forefathers talking and having an interest in buying gold in any form. It is possible to classify types of gold into three main categories.
No matter what the form of gold is, you keep holding it as an investment or use it later to make gold ornaments. It becomes the tag of royalty.
Whenever you think about Jewelry, what comes to your mind is, Gold. It is high in demand. No matter, you go for buying Gold in the form of Jewelry or take it as an investment.
TYPES OF GOLD
Let’s discuss the types of Gold in detail. It is divided into three types as far as its color and mixture with other alloys are concerned. The color of gold can vary from yellow to white to rose.
YELLOW GOLD
Among all the types of gold, It is the purest and most natural form of Gold. It has a bright yellow color. Being attractive among all the other types of Gold, it always remains the best choice for its users. There is no risk of skin allergies with it, and it requires less maintenance.
Yellow gold is the most appealing type due to its color. It matches the skin tones of most users.
It is soft so it is not good to make ornaments in their purest form i.e. 24k. Discussing the price in its purest form, it has the highest price. So, both parameters don’t encourage making jewellery from Pure Yellow Gold.
WHITE GOLD
It has a white shine color. Alternatively, platinum and pure gold can be mixed together to make white gold. Alternatively, platinum and pure gold can be mixed together to make it. The ratio is 90% of Pure Gold and 10% other metals.
Yellow Gold is better at durability than White Gold.
ROSE GOLD
As the name suggests, it has a pink type color. It can be produced by mixing Pure Gold with Copper and silver. As much as we add the amount of copper in it, it describes the sub-type of Rose Gold.
It is more reliable and long-lasting than Pure Gold and White Gold. Being the finest form of Gold, and also an attractive shiny color, Rose Gold is mainly used for some very special events like engagements, weddings, and other occasions.
Other than those covered above in this article, you can also read colored gold
GOLD KARATS
Karat or Carat is the measuring unit to check the purity of Gold. Higher the number of Karats will tell the highest quality of Gold. 24k is the highest number of Karats and is only good for making gold coins and bars. Whereas, 1k is the lowest Karat, which includes approx. 4% of Gold. More Gold Karats are described below.
1K Gold
It is the least or minimum form of Gold. It contains 1 part of Gold out of 24 parts, the remaining 23 parts are mixed in alloy to make it cheaper or more hard for making ornaments. Note that, Pure 24k Gold is the softest among all Karats.
One Karat precisely equals 0.200 grams of Pure Gold or 200mg actually.
18K GOLD
18 Gold is made up of 18 parts of pure gold and the remaining 6 parts are impurities like silver, copper, zinc, etc. Due to having a good number of impurities, it is most suitable to use in Gemstones and diamond jewellery.
It has a sort of warm yellow type color tone that attracts its users so much. It is very popular in the market. You can find 18k gold-made rings, bracelets, and other daily routine ornaments.
If we talk about the price, it is cheaper than 21k gold, 22k gold, and 24k gold. So, it would be the better choice for users who are looking for mid-range budget gold jewellery with reasonable durability of the ornaments.
if you want to read more about 18 carat gold price, Enjoy.
19K GOLD
This number in carats is not very common to use. Hence, you will rarely see jewellery made from 19k Gold.
There are 19 parts of pure gold and the remaining 5 parts are other metals in the Gold alloy. It has a deeper yellow color than 14k gold or lower numbers of gold carats. Likewise, it has dull yellow color as compared to its bigger number of carat gold, for example, 21k gold, 22k gold, and 24k Gold (the brightest yellow).
20K GOLD
It is made up of 20 parts of pure Gold and the remaining four parts are impurities most probably zinc, nickel, copper, cadmium, etc.
Countries, where it is quite used, include Germany, Italy, France, and the rest of Europe. U.S. residents are also familiar with it. Due to the addition of impurities, it becomes harder than 21, 22, and 24 karats. So, 20k gold is mainly used in antique jewellery pieces.
Fortunately, you’ve come to the right place if you’re concerned about prices. You are about to see the most popular article about the 20 carat gold price.
21K GOLD
As depicted from its number 21, Twenty One parts are of pure gold, and the remaining three parts are impurities added.
It is mainly used to make Pure Gold Jewellery. It is more durable than 22k gold for making jewellery and durability. It is famous in countries of the Middle East, Like Egypt, Saudi Arabia, and others.
If you want to know the 21k gold price in Bangladesh, you have come to the right place.
22K GOLD
It is desirable to make jewellery as it has impurities. That makes it durable for jewelry. 22 parts are of pure gold and the remaining two parts are probably silver and copper mixed in the Gold alloy.
Though 22k gold is used for Pure Gold Jewelry, like chains, rings, and earrings. It is not suitable for carrying diamonds and other stones. The main reason behind this is, that these stones have weights and are stronger than 22k gold. So, holding these stones is not a good choice with 22k Gold.
As far as prices are concerned, this is the most read article on 22k Gold Price in Bangladeshi BDT.
23K GOLD
There are 23 parts included in the Gold Alloy and one part is of impurities. It is less soft than 24k Gold, as mentioned above due to the addition of impurities. We add impurities to make Gold alloy a bit stronger and more durable. The purpose is to use it in jewellery making.
Pure Gold Jewelry like Rings, Chains, Earrings, and Bangles can be made using 23k Gold.
24K GOLD
It included 99.99% percent of Gold, hence almost zero impurity was added in it.
This feature makes its price the highest, among all the other Karats of Gold. If we talk about usability, being of a soft nature, this can’t be purely used in making ornaments.
You should be aware of the 24 carat gold price for making jewellery or making investments in gold.
Rather an alloy of Gold is made to make it long-lasting and durable. This 24 number actually tells the fraction of pure gold.
The 24 karat symbol signifies that it’s pure gold in all 24 parts. 18k gold describes 18 parts that are pure gold and 6 parts that are impurities out of 24 parts.