How much the pure gold rate?
Gold price fluctuate second to second on the commodity market. You can find previous day closing price and opening price in any paper on their market report page. It is for 24 karate gold and it is for one OZ of gold. It has been between $ 200 and $1000, in the past few years. Pure gold is 24 karate(spelling). In Gujarati and many Indian language, 24 karate is call “sattanunu sunnnu”. Because it has only 99.97% Gold rest is impurities or other metal, actualy this makes the gold stronger. Gold is very ductile and without mixing it will not keep its shape, unless it is very thick. In India only old heavy jewllery is found with 24 karate gold. Untill recentely standard for jewelery in , India was 22 karate. Europe it was 18 Karate. Spain it was 18 and 22 Karate. In USA it was 14 and 10 Karate. 22 karate gold is 2 parts by weight other metal and 22 parts pure gold. 18 karate gold is 6 parts by weight other metal and 18 parts pure gold. 14 karate gold is 10 parts by weight other metal and 1