Posts Tagged ‘carat’

“Karat vs. Carat,” by Eagle Bullion Group

Oftentimes, the words “karat” and “carat” are used interchangeably. However, there is a distinct difference between the two terms that should be recognized to avoid confusion. Though both words refer to a unit of mass, “karat” is used to denote the purity of gold and “carat” is used to measure gemstones. The term “carat” originated from the Greek word for carob seeds, which were historically used to measure the weight of gold and gemstones because of their uniform size. In addition, merchants could easily access carob seeds, and everyone could use them to verify mass in the marketplace.

Later, Roman Emperor Constantine issued a gold coin that weighed exactly 24 carob seeds, which gave rise to the modern karat system of measuring purity. In general, 24-karat gold has a 99.99 percent gold content, 22-karat gold is 91.6 percent pure, and 18-karat gold contains 75 percent gold.

About the Business:
Located in Jupiter, Florida, Eagle Bullion Group helps its clients buy and sell precious metals. It is a member of the ICTA (Industry Council for Tangible Assets) and is accredited by the BBB (Better Business Bureau).