What Is 24K Gold?
24K gold is 99.9% pure gold — the purest form of gold available commercially. It is too soft for jewelry but perfect for bullion bars, coins, investment pieces, and jewelry that prioritizes purity over durability. The spot price shown on financial markets refers to 24K pure gold.
Types of 24K Gold Items
- Gold bars — 1g, 5g, 10g, 100g, 1kg, and 1 troy oz bars
- Government coins — American Gold Eagles, Canadian Gold Maples, South African Krugerrands, Australian Gold Nuggets
- Gold rounds — Non-government bullion coins minted by refineries
- Fine jewelry — Some luxury jewelry brands offer 24K pieces
- Gold teeth — Dental gold crowns and bridges
24K Gold Hallmarks
- 999 or 9999 (99.9% or 99.99% pure)
- 24K or 24KT
- Fine Gold
- Pure Gold
24K Gold Value
24K gold value = weight × spot price per troy ounce (exactly, at no purity discount). Since it's pure gold, you get 100% of spot value — no purity multiplier. Dealers pay 95–100% of spot for bullion and coins.