Understanding Gold Purity: 9K, 10K, 14K, 18K, 22K, 24K, etc.
The stamp on this piece of gold could indicate its intended use and how many, if any, other metals were added to it. Many of us at one point or another will sell gold we bought from a department store or jewelry store. If you’ve ever gone shopping for jewelry, you have probably heard the word “karat” applied to gold. The higher the karat, the more expensive it will be. But have you ever wondered why? The short answer is that higher karats mean more gold, but there is more to it than that.