Types of Gold: Gold has always been, in an Indian household or anywhere else, the most precious of all purchases- either for investment, rituals, or for weddings. The first and the foremost point to consider before buying gold would be to get acquainted with the different purities of gold measured in karats (K). Among all, 24K is pure gold. The remaining karats differ as alloys are mixed to give them extra strength and economic viability. Read on to understand the most important difference.

24K Gold (99.9% Pure)
It is the purest gold available with 24 parts of gold out of 24. It shines great but it is very soft and not meant to wear daily; it is mainly used in coins, bars, and investment.

22K Gold (91.6% Pure)
22K gold is the most popular in India; it is considered to be the best compromise between purity and strength. Most frequently used to make traditional ornaments, it is recognized by the BIS hallmark of “916”.

18K Gold (75% Pure)
Mostly for modern and diamond-studded jewellery, yet it is durable so 18K gold can also be called an all-rounder in beauty and practicality. Hallmarked as “750”, it would be a favourite for those who want purity yet practicality.

14K & 10K Gold
Though not common in India, 58.3% pure and stronger, 14K gold is more cost-effective and highly preferred in Western countries. The 10K gold (41.7% pure) is very hard and inexpensive; it is mostly found in the US market rather than in the jewelry shops of India.

Things to be Noted Before Buying Gold in India
You should check all things when buying gold:
1. BIS Hallmark + Purity mark (916, 750, etc.) + 6-digit HUID number.
2. Instant authenticity checking on the BIS CARE app.
3. Buy from trustworthy vendors only and keep the invoice for reference.

Also Read: Why Rohit Godara-Goldy Gang Wants to kill Munawar Faruqui ?
There has been a lot of domination by 22K gold in India for such traditional ornaments, and with the influx of modern designs came the increasing popularity of 18K. 24K stands as the topmost choice for gold coins and bars strictly for investment purposes. Knowing these facts will ensure that you do not purchase based on mere beauty but will know it is a wise buy.

Share

• 
• 
• 
• 
• 
•