Live Gold Desk

Learn About Gold

Simple answers to the most common questions our customers ask.

What is 24K gold?+
24K is the purest form of gold β€” 99.9% pure. It is soft, very yellow, and mostly used for investment, coins, and high-end jewelry.
What is 22K gold?+
22K is 91.6% pure gold mixed with small amounts of other metals for durability. Very popular for traditional jewelry.
What is 21K gold?+
21K is 87.5% pure gold. Common in Middle Eastern jewelry. A balance between rich yellow color and durability.
What is 18K gold?+
18K is 75% pure gold. Widely used for fine jewelry and engagement rings. Strong with a beautiful warm color.
What is 14K gold?+
14K is 58.5% pure gold. Durable and affordable β€” popular in North America for daily-wear jewelry.
What is 10K gold?+
10K is 41.7% pure gold. The most durable and budget-friendly option, often used for fashion jewelry.
What is a hallmark or stamp?+
A small engraving on jewelry showing its karat (e.g., 750 = 18K, 916 = 22K) and sometimes the maker's mark or country of origin.
What is melt value?+
The raw value of the pure gold contained in a piece, ignoring labor, design, or stones. It's the baseline price.
Why does gold price change daily?+
Gold trades on global markets 24/5. Prices change with currency rates, supply, demand, geopolitics, and investor sentiment.
Why does jewelry cost more than melt value?+
Jewelry includes craftsmanship, design, brand value, stones, and store overhead β€” not just the gold inside.
What is labor charge?+
The cost added for designing and making the piece. Handmade or complex pieces have higher labor charges than machine-made ones.
What affects the final price of jewelry?+
Weight, karat, current gold price, design complexity, stones, brand, and the store's labor policy.