Gold purity: 24K, 22K, 18K
Purity is gold content relative to pure gold. 24K is 100%, 22K is 91.6%, 18K is 75%. Value scales with purity, so ten grams of 22K jewellery contains 9.16 grams of gold, and that is what it is worth by weight.
What it means
Purity is gold content relative to pure gold. 24K is 100%, 22K is 91.6%, 18K is 75%.
Why it matters to a household
Value scales with purity, so ten grams of 22K jewellery contains 9.16 grams of gold, and that is what it is worth by weight.
Where it trips people up
Valuing jewellery at the 24K rate. It overstates most Indian household gold by roughly 8%.
In an Indian household
Hallmarking with a six-digit HUID is mandatory for most gold jewellery sold in India, which makes purity verifiable rather than a matter of trust.
Where FamTally comes in
FamTally is a free AI-driven money manager built for Indian families. It holds your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and lets you ask an assistant questions about your own numbers rather than looking up general advice. Everything on this page is the kind of thing it works out for you automatically.
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Gold purity: 24K, 22K, 18K
Purity is gold content relative to pure gold. 24K is 100%, 22K is 91.6%, 18K is 75%.
Why does it matter?
Value scales with purity, so ten grams of 22K jewellery contains 9.16 grams of gold, and that is what it is worth by weight.
What do people usually get wrong?
Valuing jewellery at the 24K rate. It overstates most Indian household gold by roughly 8%.
Is there anything India-specific?
Hallmarking with a six-digit HUID is mandatory for most gold jewellery sold in India, which makes purity verifiable rather than a matter of trust.