To evaluate the gold we must consider the fineness, that is the quantity of pure gold inside a gold alloy (indeed, the physical gold on the market is never 100% pure).
To evaluate the quantity of gold inside an alloy (in order to be able to make a precise economic evaluation) it is important to consider the karats, that is the fineness of the alloy that is expressed in gold parts (on a basis of 24 parts ).
Only gold with a minimum fineness of 999.5 (which complies within the “GOOD DELIVERY” standard of the LBMA, the standard of the professional gold market) is considered investment gold.
Only ingots of this type are recommended for Asset Protection, Wealth and Inheritance Tax Planning.
Below is a summary table of the parts of gold in the alloy in relation to the karats.
24 kt (999,900/1000)
it means that there are 999.9 grams of gold on 1000 grams of overall alloys (sometimes it can even be 999.5 grams).
22 kt (916,667/1000)
20 kt (833,333/1000)
18 kt (750,000/1000)
it is generally the jewelerys’ gold.
14 kt (583,333/1000)
1 kt (41,667/1000)