18 Karat Gold Rate in Pakistan
Price of 18 Karat Gold
18 Karat Gold Rate (1 Gram)
Rs. 18095
18 Karat Gold Rate (1 Tola)
Rs. 211050
18 Karat Gold Rate (1 Ounce)
Rs. 512978
What Is 18k Purity Gold?
18k purity gold is a type of gold alloy that contains 75% pure gold and 25% other metals. The term “18k” refers to the percentage of pure gold in the alloy, with “k” standing for karat.
Gold alloys are created by combining pure gold with other metals such as silver, copper, zinc, and nickel. These added metals change the color and properties of the gold, making it stronger and more durable.
This creates a beautiful golden hue while maintaining the strength and durability of the metal. It is also a popular choice for jewelry as it is less likely to cause skin irritation or allergies compared to lower quality gold alloys. This is a common standard used in many countries around the world to indicate the purity of gold.
Uses Of 18 Karat Gold In Jewelry
18k purity gold is a popular choice for jewelry due to its beautiful color and durability. It is commonly used in engagement rings, wedding bands, and other fine jewelry pieces.
Due to the 25% inclusion of other metals, 18k gold is less malleable than pure gold. This makes it suitable for creating intricate designs and detailed engravings in jewelry pieces. It also makes it more resistant to scratches and dents.
Aside from jewelry, 18k purity gold has other uses in various industries such as electronics, dentistry, and medicine.
In Electronics, it is used in the production of high-quality connectors and switches due to its resistance to corrosion.
In Dentistry, 18k gold is used in dental fillings and crowns due to its biocompatibility and durability.
In Medicine, It is also used for surgical instruments and implants.
Why 18 Karat Gold Is Considered A Good Investment?
Value Retention:
Diversification:
Inflation Hedge:
Liquidity:
18k gold is easily convertible into cash, making it a liquid asset that can be sold or traded quickly in times of need.
Consumer Tips To Buy Or Sell 18 Karat Gold:
Verify Purity:
Ensure that the gold is marked with a “750” stamp, indicating its 18k purity level.
Check Authenticity:
Beware of counterfeit or fake gold jewelry. Use a magnet to check if the gold is attracted to it (real gold is not magnetic). You can also take it to a reputable jeweler for testing.
Be Informed:
Stay up-to-date with the current market value of 18k gold to make informed buying and selling decisions.
Compare Prices:
Shop around and compare prices from different jewelers or gold dealers before making a purchase or sale.
Consider Resale Value:
If buying gold jewelry as an investment, consider the resale value of the piece in case you need to sell it in the future.
Today Gold Prices in Major Cities of Pakistan
What Are The Different Karat Levels Of Gold?
Karat (k) is a unit of measurement used to indicate the purity of gold. The higher the karat, the higher the percentage of pure gold in the alloy. Here are some common karat levels for gold:
- 24k – 99.9% pure gold
- 18k – 75% pure gold
- 14k – 58.3% pure gold
- 12k – 50% pure gold
- 10k – 41.7% pure gold
It is necessary to note that the higher the karat level, the more valuable and expensive the piece of jewelry or bullion will be, as it contains a higher percentage of pure gold.