Why 24 Carat Gold Is for Investment, Not Jewellery
At 99.9% pure, 24 carat gold is too soft for everyday jewellery — it scratches and bends easily, which is why rings and bracelets are almost always a lower carat alloyed with other metals. 24k gold is instead the standard for investment products: bullion bars, Britannia and Sovereign coins, and gold certificates. If you're pricing an investment coin or bar rather than a piece of jewellery, this is the purity you want.