Log in
_400.jpeg "Why Don’t Jewelers Use 24 Karat Gold?")
If you’ve noticed the term ‘karat’ before, you probably have heard that 24 karat is the most desirable measurement. So, if it is the most desirable measurement, why don’t jewelers use 24 karat gold?
What is 24 Karat Gold?
24 karat, or 24k, gold is the purest form of gold there is. It means that no other metals have been mixed in, and it consists of 100% gold.
Why Don’t Jewelers Use It?
24k gold is shinier, brighter, and more, well . . . gold. What it also is, however, is highly malleable and soft for a metal. Gold is soft in comparison to other metals, meaning that a 24k gold ring, for example, is susceptible to changes in shape, scratches and is less durable than 14k or 18k gold. If you’re buying a gold bracelet, necklace, or ring, chances are it will be quite pricey. Given its price, you want an item that will last and appreciate in value, so you can choose to sell your gold items in the future if you would like.
This is why we have 14k (58.3% gold) and 18k gold (75% gold). Mixing in some other alloys with the gold gives off the shiny appearance of gold, with the strength and durability of different metals.
What Is 24 Karat Gold Used For?
24k gold does have its uses. If you are purchasing gold for investment purposes and not for aesthetic purposes, it is cost-effective to get 24k gold, as you can buy less of it with higher purity, rather than having to buy a large quantity of 14k or 18k gold to match the desired amount of pure gold you want. Gold bars, or ingots, are typically 24 karat gold and a way to sell and store pure gold for investment purposes.
As an industry-leading gold buyer, we frequently turn 14k or 18k items into 24k gold. We allow people to sell their scrap gold online or in-store, even if it is in less than pristine shape. We melt down the pieces, transferring them to 24k gold ingots, so the condition of the gold is less of a factor, meaning our customers can get a fair price. Storing 14k or 18k gold pieces just means our inventory is being taken up by other, less valuable alloys.
24k gold is also used in some electronics in small amounts. Gold conducts electricity extremely well, better than most metals, making it an excellent component in electronics. Your cell phone and computer most likely have trace amounts of gold, helping electricity move throughout your device seamlessly.
Tips on Selling Your Gold
Selling gold that you aren't using can be a great way to earn money. Our cash for the gold calculator is a great way to estimate the value of any items you may be interested in selling. We offer insured secure shipping for the gold you sell online and by mail and safe in-store evaluations and purchases. Contact us today to get cash for your gold.
