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What is a ‘Carat’ in gold parlance?

This word originally comes from ‘carob bean’ via the Greek ‘keration’. The amount of carats describes the amount of gold content in an object....

14 April 2021

Martin Cozens

This word originally comes from ‘carob bean’ via the Greek ‘keration’. The amount of carats describes the amount of gold content in an object. A carat is one 24th. The minimum marketable gold can be is 21.6 carats which equates to 900/1000 gold. 24 carat gold is around 999/1000, or 99.9% pure.

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