Gold carats

Learn how to recognise to gold carats to calculate value and price

Gold is a soft metal and to ensure it lasts, it needs to be associated with other metals that can give it the right hardness.


This can be achieved by melting it with other metals known as alloys.


There are different alloys with specific characteristics and properties, depending on:

  • the metals used with gold
  • the amount of gold used.

While gold in ingots is almost pure, in jewellery, for which pure gold would be too brittle and soft, it is always present in the form of alloys, composed in most cases of gold alloyed with silver, copper and palladium

Discover how we analyse and refine gold in our establishments

 

The Title of Gold: What is it?


The ratio of the amount of gold to the amount of other metals conjugated to it is called the Title.

The Title is expressed in thousandths per gram and represents the amount of gold present in the alloy.

For example:

  • Title "500" means that the object has half pure gold and half other metal.
  • Title "750" means that the object is composed of three quarters pure gold and one quarter other metal that makes it stronger.


Italian law requires that on every gold object the manufacturer affixes a mark representing the title of the alloy and one describing the manufacturer's own identification mark assigned by the appointed state body.

When selling a gold object, the actual amount of gold present in the material being purchased is estimated, not the workmanship.

Did you know that the gold bars for sale in our store have a purity of 999/1000 and 750/1000? Discover the magic of 750 bars in yellow, white, red and green gold

The carat: what it means and how it attributes value to gold


The value of gold bars, coins and jewellery depends on their carat. The carat is a unit of measure (the symbol is kt) of gems and precious materials, which is used to indicate the measure of purity, i.e. the amount of gold actually present within the jewel or bar.

The carat is also the unit of measurement of gold's title, corresponding to the twenty-fourth part pure gold content of an alloy.

Example: 18-carat jewellery contains three quarters pure gold and one quarter of another metal (such as 6 carats of silver) used to strengthen the object itself.

The different carats

  • 9 carats: 375 parts of gold out of 1000. That is, 37.5% are the gold parts in the object, the rest being made up of other metals, such as silver, copper, nickel, etc.
  • 12 carat: 500 parts of gold out of 1000. That is, 50% of the object is composed of pure gold, the remainder of other metals.
  • 14 carat: 585 parts of gold out of 1000. That is, 58.5% are the gold parts in the object, while the remaining parts can be composed of silver, copper, nickel...
  • 18K: 750 parts of gold out of 1000. That is, the gold parts are 75% and the remaining parts from different metals. Many of the jewels made in Italy have this carat.
  • 22 carat: 916 parts of gold out of 1000. That is, the gold parts are 91.6%.
  • 24 carat: pure gold or fine gold. 999 parts of gold out of 1000, i.e. the parts of gold are 99.9%. These carats are used for the production of bars held by banks and some types of coins.

How to calculate the value of the gold you own and sell it

1. Weigh your gold

Get a specific balance, much more sensitive than the scales we all have at home, separate the items by carat and weigh them separately

2. Calculate the value of your gold

Check the value of gold quoted on the exchange: this value refers to its pure form (24kt) and is defined twice a day at 10.30am and 3pm (London time) by the London Bullion Market Association.

Discover the gold markets and how quotations work

Let's say you have 20 grams of 24kt gold (pure gold bars and coins) to sell and the value of gold is, as it is today, about 50€/gr: you can receive 1000€ from the buyer.

If you are selling 18ct gold jewellery, the value per gram is calculated on a pro rata basis and is around €37.5/g: you will receive around €750 from your buyer.

3. Where can you sell your gold?

To monetise your gold, you need to go to a Gold Buyer's Register or a Metal Bank such as Orovilla.

At Orovilla you can sell used gold or investment gold whenever you want thanks to a dedicated service that meets all the needs of customers who need to monetise their gold (bars, coins, jewellery, used gold but also silverware).

Discover how to sell your gold

WOULD YOU LIKE MORE INFORMATION?
Contact us by filling out the form at the side, our consultants are at your disposal and will be pleased to help you. Without obligation and totally free. Enter your details and we will contact you quickly. Or go to the FAQ section to find answers for selling, buying and investing in gold.
Pero
Via Pitagora, 11 - 20016, Pero (MI) ITALY
MM1 - Molino Dorino underground station
Tel: +39 02-8853
We receive by appointment only, from Monday to Friday from 09.00 to 16.00. We are closed on Saturdays and Sundays.
Click HERE to book
Milan
Via Mazzini, 16 - 20123, Milan ITALY
MM1 - MM3 undergound station Duomo
Tel: +39 02-8853
We receive customers in the historic office and in the new shop, by appointment only, from Monday to Friday and from 09.00 to 16.00.
We are closed on Saturdays and Sundays.
Click HERE to book
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