The price of gold per ounce refers to a troy ounce of fine gold like the Credit Suisse ingot pictured above. But, karat gold jewelry isn’t pure gold. Gold jewelry contains gold alloyed with other metals. The higher the karat number, the higher the gold content in the item. The pictures above demonstrate how much gold jewelry of each karat it would take to equal one troy ounce of fine gold.
*Gold jewelry is not shown actual size. Proportions to each other are approximate.
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