Live Spot price per gram for 18 Karat gold in Canada

18k Gold is also represented by a percentage of 75.00% or 18 parts of 24. The following is the current spot price of 18k gold per gram in Canada

What is 18 Karat Gold?

In the simplest terms, 18 karat gold is a gold alloy that contains 75% pure gold and 25% other metals. The ‘karat’ is a measurement unit that denotes the purity of gold in the alloy. This means out of 24 parts (the total karatage), 18 parts are pure gold, and the remaining 6 parts are made up of other metals.

Why 18 Karat Gold is Popular

Balanced Purity: It strikes a perfect balance between purity and durability, making it ideal for daily wear jewelry.
Rich Color: Its vibrant yellow hue is more intense than 14 karat but less intense than 24 karat gold.
Allergy-friendly: Due to its higher gold content, it’s less likely to cause metal allergies compared to gold alloys with a lower karatage.

Comparing Gold Karats

24 Karat: This is pure gold with no additives, giving it a distinct deep yellow color. However, it’s soft and prone to scratches.
22 Karat: Contains 91.67% gold. It’s widely used in many countries for traditional jewelry.
18 Karat: As discussed, it’s 75% gold combined with other metals to enhance durability.
14 Karat: Contains 58.33% gold. It’s harder and more durable but lacks the rich color of higher karat gold.

Other Metals in 18 Karat Gold

When you’re wondering, “what is 18 karat gold made of?”, consider the other 25%. Common metals mixed with gold include copper, silver, zinc, or palladium. These metals determine the final color and properties of the alloy. For instance, the addition of copper gives it a reddish tint, resulting in rose gold.

Pricing and Value

The price of 18 karat gold is determined by the current gold rate, its weight, and craftsmanship involved in the piece. Given its high purity, it’s priced higher than 14 karat but lower than 22 or 24 karat gold. Always check for hallmarking to ensure you’re getting genuine 18 karat gold.

How to Care for 18 Karat Gold Jewelry

Maintaining the shine and beauty of your 18 karat gold jewelry is easy. A gentle cleaning solution, soft cloth, and tender care will ensure it remains untarnished. Avoid exposing it to harsh chemicals or rough surfaces to prevent scratching.

Buying Tips for 18 Karat Gold Jewelry

When shopping for this gold type, consider:

Hallmark: Always look for a certified hallmark.
Design & Craftsmanship: Ensure the piece is well-crafted.
Price: Compare prices with different sellers to get the best deal.
Occasion: Choose designs appropriate for the event you’re buying for.

Environmental and Ethical Concerns

Gold mining can be harmful to the environment and communities if not done responsibly. Always opt for jewelers who source their gold ethically and support sustainable mining practices.

FAQs

How can I tell if my jewelry is 18 karat gold? Look for a hallmark that says “18K”, “750”, or similar indicators. A jeweler can also test the piece for its purity.
Does 18 karat gold tarnish over time? No, but it can get dirty or slightly dulled by everyday wear. Regular cleaning can restore its shine.
Why is 18 karat gold more expensive than 14 karat? It contains a higher percentage of pure gold, making it more valuable.
Can I wear my 18 karat gold jewelry daily? Yes, its balanced composition makes it durable enough for everyday wear.
How does 18 karat gold compare to platinum or silver? While gold is a yellow metal, platinum is white and much denser. Silver is softer and tends to tarnish over time.
Is 18 karat gold hypoallergenic? It’s less likely to cause allergic reactions than lower karat golds due to its high gold content.

Conclusion

Unraveling the world of 18 karat gold offers insights into its rich history, value, and the reasons behind its popularity. Whether you’re considering purchasing an 18 karat gold piece or simply intrigued by its allure, understanding its properties ensures you can appreciate its unique charm.