Gold, a precious metal known for its
luster and durability, has been prized for centuries. Valued for its beauty, it's a common choice in
jewelry. Gold also holds its value well, making it a popular investment during economic uncertainty.
Additionally, its unique properties make it irreplaceable in various industrial applications.
Gold karats measure the purity of gold,
with 24
karats being pure gold. Lower karat gold, like 18K or 14K, is mixed with other metals for added strength. At
the
World Bank, gold is used as a reserve asset, helping to stabilize economies and hedge against inflation1.
The purity
of gold in these reserves is crucial for maintaining its value and reliability1. Understanding gold karats
is
essential for both jewelry and financial investments2.