Gold Purity Matters: Understanding Karats and Colours
The purity of gold is measured in karats, and it's crucial to understand the different types for various uses. The most common types are 24K (99.9% pure), 22K (91.6%), 18K, and 14K. While 24K is too soft for jewellery, it's ideal for investment in coins and bars due to its high purity.
For traditional Indian jewellery, 22K is the standard as it's alloyed with other metals for durability. The karat value determines the actual gold content, but the colours - yellow, white, and rose gold - differ only in the metals used for alloying, such as silver or copper.
The daily gold rate online serves as a benchmark, but the final showroom price will always be higher due to making charges (which vary by design) and 3% GST. Additionally, stone deductions are made in studded jewellery by excluding the weight of embedded stones from the net gold weight for pricing.