KARAT Gold refers to a solid gold item (or gold alloy), either shaped or casted into form of jewelry or Bullion Bars & Coins.
The karat system is used to disclose the percentage of pure gold found in a jewelry item to the customer. the higher the karat, the higher the gold content in the item.
Here are the most common KARAT markings:
24 karat gold - item is 100% pure gold (refiner's grade or bullion).
18 karat gold - item contains 75% gold and 25% another metals (used for jewelry).
14 karat gold - item contains 58.33% gold and 41.76% another metals (used for jewelry).
10 karat gold - item contains 41.66% gold and 41.76% another metals (used for jewelry).
6 karat gold - item contains 25% gold and 75% another metals (used for refining process called "inquartation").
1 Karat gold - item contains 4.16% gold and 95.84% another metals (use as reference).