If you’ve begun your search for the perfect 18 carat gold price, especially for a wedding ring, you must decide what type of setting and diamond shape you want. Most settings are available in various precious metals, giving you some options.
Platinum has recently seen increased popularity, but the most widely used metal in engagement and wedding rings is still gold.
The purity of your gold can impact its value and durability. Here, we discuss 18 carat gold and what you should know before deciding to buy gold.
18 Carat Gold Price in Nigeria Product Description
Since 18 carat gold has a higher percentage of pure gold when compared to other gold, it is more expensive. The price of 18 carat gold will also differ based on the style of setting you’re choosing.
Choosing 18 carat gold jewelry is more affordable than 24 carat gold and can save you a few hundred dollars. Some people still prefer 18 carat gold because it is near pure gold.
18 karat gold is a relatively high purity of gold (75% pure), used typically for jewellery purposes. Pure gold is naturally soft and for virtually all practical applications, gold must be mixed or alloyed with other harder metals. Therefore, most items referred to as gold are not pure but are in fact gold alloys, and 18 karat gold is one such alloy. Because of the high cost of gold it is important to know what proportion of precious metal has been used.
There are two commonly accepted units that measure gold purity. They are carat, or karat in the US – and the international millesimal system, or fineness.
Carat measures purity in parts of 24. In the UK it is spelt carat, and in the US ‘karat’. 18 karat in the US is 18 parts of gold to six parts of other metals.
Fineness measures the gold content in parts of a thousand – making 999.999 pure gold. 18-carat gold then is equal to 750 fineness, or 75% gold.
18 Carat Gold Price in Nigeria Product Features
- 18 karat is 750 fineness
- 18 karat gold is used in high value jewellery
- 18k gold will not withstand extremely heavy use
- 18 karat is made in a range of shades
