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Guide

Why gold is measured in karats, and why 24 is pure.

A karat is one 24th part. Pure gold is 24 karats, and 18K gold is 18 parts gold in 24, or 75%. The 24 most likely goes back to a Roman gold coin that weighed 24 carob seeds.

Updated October 28, 2026 · Prices as of November 3, 2026, 4:45 p.m. Pacific

Karats are 24ths

KaratParts goldGoldHallmark number
24K24 of 2499.9% and up999
22K22 of 2491.7%916
18K18 of 2475%750
14K14 of 2458.3%585
10K10 of 2441.7%417
9K9 of 2437.5%375

Hallmark numbers are parts per thousand, and they're minimums: 14K is marked 585, a little above the exact 583.3, so a piece meets the standard with room to spare. See the gold karat chart.

Where the 24 comes from

The word comes, by way of Italian carato and Arabic qīrāṭ, from the Greek keration, the seed of the carob tree, which was used as a small weight. Around 309 to 312 AD, the emperor Constantine introduced a gold coin, the solidus, struck at 72 to the Roman pound. Each solidus weighed 24 siliquae, the Latin for carob seeds. The usual explanation is that 24 parts of a gold coin became the way to describe gold's purity: a coin that was all gold was 24 parts, and an alloy was so many parts gold out of 24.

A myth to drop: carob seeds are often said to be remarkably uniform in weight, which is why they were used. A 2006 study measured them and found they vary about as much as the seeds of other plants, and people can see a weight difference of about 5% by eye. The seeds were used, but not because they were uniform.

Is 24K really pure?

Pure gold is 24K, and bullion is usually 999 or 9999 fine. U.S. rules say an item can be called simply "gold" only if it's "fine (24 karat) gold"; anything less must state its karat, like 14K. U.S. law lets a marked karat be only slightly under the stated fineness, so a 24K mark means very close to pure gold.

Gold is at $3,925 an ounce (the Kitco bid). For what each karat is worth per gram, see scrap gold per gram.

Sources

Gold guides: Karat vs carat · Gold karat chart · Gold stamps · 24K gold · Troy ounce vs ounce · All guides

We pay more than pawn shops, jewelers, and mail-in gold kits: in Consumer Reports' tests, jewelers and pawn shops paid 36% to 71% of melt value, and mail-in kits 11% to about 29%. We pay 94% for scrap gold. Who pays the most?

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