What 24k, 22k, 21k and 18k mean
Karat marks describe how much of a piece is gold and how much is another metal. The scale runs up to pure gold, so a higher mark means a softer, more yellow metal, and a lower mark means a harder alloy that holds its shape in daily wear. The page shows metal value worked out from the world gold price, not a shop quote, so treat it as a guide to the raw material rather than a retail offer.
What each karat means in practice
Pure gold is the top of the scale. It is dense, deeply yellow and very soft, so it dents and scratches easily and is rarely used for rings or chains that get knocked about. It suits pendants, earrings and display pieces, and it is the form investors usually hold.
The next mark down is the traditional choice for South African jewellery. It keeps most of the gold content while adding enough alloy to survive everyday wear, which is why it dominates wedding bands, bracelets and traditional pieces. It is still fairly soft, so settings need care.
A slightly lower mark gives a harder metal with a warm colour. It is common in bangles and heavier chains where stiffness matters more than maximum gold content.
The lowest common jewellery mark is the workhorse alloy. It is noticeably harder and paler, and it takes stones and fine settings well. Much of the fashion and gem-set jewellery sold locally uses it, often in white or rose tones depending on the alloy metals.
Alloy metals and colour
Copper deepens the colour and adds hardness. Silver and zinc lighten it. Palladium or nickel in the mix produces white gold, which is usually plated to brighten the surface. The alloy recipe, not just the karat, decides how a piece looks and wears.
Hallmark stamps
Look inside the band or on the clasp for a stamped mark. South African pieces often carry a karat stamp plus a maker's mark, and imported goods may show a different convention. A stamp is a declaration by the maker, not a guarantee, and worn or faked marks exist.
Testing a piece at home and beyond
- Check the stamp first, then weigh the item and compare its heft with its size; gold feels heavier than it looks.
- Use a magnet: gold is not magnetic, so a strong pull suggests another metal underneath.
- Rub gently on unglazed ceramic; a gold streak is a good sign, though plated items can mislead.
- Ask a jeweller or assay office for a proper test when value matters, especially for inherited or high-carat pieces.
Remember that the figures on this page come from the world metal price and describe melt value alone. Craftsmanship, stones and retail margins sit outside that calculation.
How we calculate
We do not collect dealers’ prices. Every figure is worked out from the world price, the same way, on every page.
world price per troy ounce÷grams in an ounce×dollar rate×purity×grams in the unit
- World priceSpot gold in US dollars from an aggregated feed 1, recalculated every 10 minutes while the market is open.
- RateThe ZAR rate from central-bank reference data 2. It is a market reference rate, not an official fixing of your central bank.
- Purity and weightFixed constants with their source: see the unit pages. 22k counts as 916 parts gold in 1000.
- WeekendsNo trading, no recalculation: the last price before the close stays, marked “market closed”.
- HistoryThe history and the chart use one series only: daily reference fixings, converted at the rate of the same day. We never join them to the live figure.
Why a jeweller’s price is different
Shops add a making charge and their margin, and buy back for less than they sell. Our figure is the metal alone: the floor of a fair price, not the shop price.
Sources
Every figure on this site points here by its number.
- 1Price feedWorld spot price of gold and silver, aggregated feedthe world price, every 10 minutes while the market is open
- 2Central banksFrankfurter — central-bank reference ratesUSD → ZAR, updated daily; also the daily history
- 3StandardUnits of weight and finenessgrams in an ounce and in a gram