how much is this per troy oz

"mewthree" wrote in message
...
how much is this per troy oz



Spot price dictates, and it's not acceptable for jewelry in the US.
Incidentally, the c should be a K. Gold fineness is specified as Karat,
diamonds are weighed by carats.

Harold

Incidentally, the c should be a K. Gold fineness is specified as
Karat,

Not quite true. The English language is never straightforward In the UK,
Australia and New Zealand "carat" is still used as a unit of measurement for
gold.

Chris

Gold content is 9/24 of the gross weight, depending on the alloy.
Bugs

"Bugs" wrote in message
oups.com...
Gold content is 9/24 of the gross weight, depending on the alloy.
Bugs


It is, in theory, always 9/24, regardless of the alloy. Where variations
come into play is in the honesty of the person doing the alloying, and laws
that regulate. Soldered items used to be permitted a half karat plus or
minus, plus an additional variation of plus or minus one half karat for
alloying. Thus, it wasn't unusual to find items marked ten karat that
assayed nine karat. I offer you class rings as an example, proven time and
again when refined in volume. They were consistently just better than nine
karat. The savings to the large corporations that make such rings must
have been staggering.

Harold

"jenni.chris" wrote in message
...

Incidentally, the c should be a K. Gold fineness is specified as
Karat,

Not quite true. The English language is never straightforward In the
UK,
Australia and New Zealand "carat" is still used as a unit of measurement
for
gold.

Chris


Which I just had verified by a friend in the UK. I stand corrected. It
came as welcome news to me, so I thank you for enlightening me.

Harold