Silver-Gold-Prices.com News and Information about Investing in Gold & Silver Bullion Coins and Precious Metals

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Pure Gold The degree of purity of native gold, bullion (bars or ingots of unrefined gold), and refined gold is stated in terms of gold content. "Fineness" defines gold content in parts per thousand. For example, a gold nugget containing 885 parts of pure gold and 115 parts of other metals, such as silver and copper, would be considered 885-fine. "Karat" indicates the proportion of solid gold in an alloy based on a total of 24 parts. Thus, 14-karat (14K) gold indicates a composition of 14 parts of gold and 10 parts of other metals. Incidentally, 14K gold is commonly used in jewelry manufacture. "Karat" should not be confused with "carat," a unit of weight used for precious stones. Gold with a fineness of .999 indicates pure or 24K gold. Disclaimer: While Silver-Gold-Prices.com seeks to provide accurate information, it is provided without warranty or claim of reliability. Site visitors must agree that errors or omissions shall not be made the basis for any claim, demand or cause for action. The information has been obtained from sources believed to be reliable, but we do not guarantee its accuracy. We offer information and links for informational purposes only and do not make recommendations regarding the purchase of gold bullion or other precious metals from any particular business or government entity. This site contains information and news from third party business and government web sites as well as links to advertisers. We make no claim of reliablity or accuracy in regard to these web sites.