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What is the gold rate per carat?

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What is the gold rate per carat?

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24 Karat Gold Jewelry, where 24 of the 24 parts are gold, 99.99% fine gold. 22 Karat Gold Jewelry, where 22 of the 24 parts are gold and 2 parts are one or more additional metals, making it 91.7% gold. 18 Karat Gold Jewelry, where 18 of the 24 parts are gold and 6 parts are one or more additional metals, making it 75% gold. 14 Karat Gold Jewelry, where 14 of the 24 parts are gold and 10 parts are one or more additional metals, making it 58.3% gold. 12 Karat Gold Jewelry, where 12 of the 24 parts are gold and 12 parts are one or more additional metals, making it 50% gold. 10 Karat Gold Jewelry, where 10 of the 24 parts are gold and 14 parts are one or more additional metals, making it 41.7% gold. For any given weight of a gold piece, the value is the karat (carat) percentage of pure gold. Example: if 1 oz. of pure gold was $100. then 1 oz. of 12 Karat gold would be $50.

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