Tag: gold
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...
How to define a world currency?What are the current world currencies?
Which countries are currently the world's currencies? Is the dollar the only real world currency? Is being a reserve currency in IMF Special Drawing Rights the...
Us stocks and us bonds rebounded strongly after the Fed raised interest rates by a large margin
In June, the Federal Reserve's FOMC raised interest rates by 75 basis points, the largest increase in nearly three decades since 1994, to levels...
How to Predict Future Gold Prices
Much like for other commodities, predicting the future value of gold is difficult, and there’s a simple reason for this. Commodity markets are like auctions....
What Factors Affect the Price of Gold?
While gold is considered a low-risk commodity, its per-ounce price can fluctuate due to several key driving influences. Below, we outline the factors that...
Investing in Gold: Does It Stack Up?
Gold has a timeless allure — especially if you worry about stock market volatility, inflation, a decay of ordinary currency or the collapse of...
How Should Investors Value Gold?
investors of all kinds have always been lured by the king of metals, and even the most hardnosed of them know it holds extra...
Gold History:Origin of Gold
The history of gold goes back at least 6,000 years, with references to it in both Egypt and Mesopotamia. In ancient times, gold was...
How to Buy Gold？Gold Buying Guide
Gold pricing is based on a number of factors, including karat amount (called karatage), gram weight, design and craftsmanship. The karatage and gram weight...
GOLD PURITY CONVERSION CHART
NUMBER OF KARATS PARTS OF GOLD % OF GOLD PURITY FINENESS 8k 8/24 33.3 333 9k 9/24 37.5 375 10k 10/24 41.7 416/417 11k 11/24 45.8 458 12k 12/24 50.0 500 13k 13/24 54.1 541 14k 14/24 58.3 583/585 15k 15/24 62.5 625 16k 16/24 66.6 666 17k 17/24 70.8 708 18k 18/24 75.0 750 19k 19/24 79.1 791 20k 20/24 83.3 833 21k 21/24 87.5 875 22k 22/24 91.7 916/917 23k 23/24 95.8 958 24k 24/24 99.9 999 24K GOLD 24k gold is pure gold, meaning all 24 parts are pure gold without traces of any...
WHAT IS THE FINENESS OF GOLD?
Fineness is another way of measuring gold purity, popular in the West, expressed in parts per thousand. In this system, pure 24k gold is...
HOW GOLD PURITY IS MEASURED
The purity of gold is measured using the karat system. This system has been developed to measure the ratio of pure gold to other...