What is Bullion Purity?
Bullion purity is expressed in a number of ways. Pure gold is often referred to as 24 carat meaning 24 parts out of 24 parts is pure gold. Alloyed gold is referred to as a lower carat gold. For example gold referred to as 22 carat is 22 parts gold, 2 parts other metal. Pure gold can also be referred to as “Fine gold” or “.9999” gold. Likewise, “Fine Silver” and “.9999” Silver refers to silver of the highest purity.
