The difference between 24k, 22k and 18k gold prices

A carat is a unit of weight of a diamond and other types of gemstones.1 carat equals to 0.2 grams. A carat, when used with gold is a unit of purity. ‘Carats’ is often used in diamonds whereas the term ‘carat’ is used in gold. The higher the carat, the purer the gold.24-carat gold is the purest gold one can ever find. In most cases, one usually mixes gold with other metals such as copper or silver to make jewelry since pure gold is too soft on its own. Each carat usually indicates 1/24th of the whole and therefore if a piece of metal is made up of a metal that is 18 parts gold and 6 parts silver then that is an 18-carat gold.

Below is a simple guide that is used to show the difference between the 24k, 22k and the 18k types of gold.

1. 24 carat gold

24k gold is also known as the pure gold or 100% gold. This means that the 24 parts of the gold are made up pure gold without any traces of other metals. It takes a distinct bright yellow color and it’s known to be 99.9% pure. There is no higher form than the 24k and it’s prudent for you to know this before a gold dealer offers you a 26k or 28k gold jewelry. It’s naturally more expensive than the 22k and the 18k because of the higher gold content. However, the gold has a lower density compared to the other types of gold that have a lower caratage which makes it more soft and pliable. The gold is used in the making of electronics and other medical devices used by people who are suffering from an ear infection. The 24k is also used to make high quality and the most expensive types of jewelry. The average price for a 24k goes for around $39.64 per gram.

2. 22 carat gold

22k jewelry means that 22 parts of the jewelry amount to gold while the remaining 2 parts take the place of other metals. This is the most popular kind of gold that is used in jewelry making. The jewelry made by a 22 carat gold amount to 91.67% of pure gold. The other percentage comprises of metals such as silver, nickel, zinc and other alloys. The addition of this types of metals makes the gold tougher and the jewelry more durable. It’s important to, however, know that 22 carat gold is not preferable for diamonds and other heavily studded jewelry. The 22 ct gold price goes for around $36.25 per gram.

3. 18 carat gold

This simply means that 18 parts of the jewelry amount to gold and the other 6 parts are made up of other types of metals.18k is made up 75% gold and 25% of other metals. Usually, diamonds and other heavily studded jewelry are made up 18k gold. The 18k gold is less expensive than the 24k and the 22k and is slightly dull in color. It’s very simple to recognize an 18k gold because all you have to do is see a product stamped with 18k, 18kt or the jewelry is stamped with 0.75 which indicates that the jewelry contains 75% of gold. The 18k gold goes for about $30.01 per gram.

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Asian wedding Jewelry

When you are planning an Asian wedding there is often a lot of things to think about. Aside from choosing the location of the venue, a professional photographer or transport to move people to and fro the wedding location, it's important to look and feel your best during that special day. In this decade, there are a lot of Asian wedding jewelry trends that will complement and enhance your bridal wear allowing you to sparkle and shine for the whole night.

For ages, jewelry has been a significant source of adornment for all the Asian women especially the Indians. The bridal jewelry grabs everyone's attention with the visual appeal of its intricate designs. The bride will always remain incomplete without the exquisite touch of jewelry which gives her a splendid look. Bridal jewelry has a high significance not only in enhancing the beauty of the bride's attire but also taking the beauty of the bride to another level.

In India, bridal jewelry has a special value and meaning and the brides heavily depend a lot on the kind of jewelry she wears. Nowadays fancy jewelry pieces made by colorful metals have gained popularity than the jewels made by using single metals like gold and silver. Each piece of jewelry that a bride wears symbolizes something traditional or cultural. Below are some of the most popular jewelry and their significance in the Asian culture:

1. The Bangles.

Traditionally bangles made from glass represent safety and luck for the future husband of the bride. Wearing bangles produces a sweet tickling sound which is adorned by every bride. On the auspicious day of the wedding, the bride wears golden bangles. The ornament is believed to have an immense romantic and amorous commutations. The sound of a woman's bangles expresses her presence and her wish to gain attention.

2. The necklace.

These are the neck pieces that are worn by the bride during the wedding ceremony. They are usually made of gold with heavy intricate designs on them. The necklace that is worn near the heart is believed to control the emotions of the bride and strengthen the intensity of one's love. The necklace is also believed to be a protective ornament as it undermines hypnotizing attempts.

3. Earrings.

The earrings go hand in hand with the necklace as they are complementary to one another. Evil spirits are believed to enter the body through the openings and ornaments prevents that from happening. Apart from the acupuncture benefits of the earrings, it can also be used to ward off evil spirits.

4. The Nose Ring.

The nose ring is also known as the 'Nath' by the Indian women. This is believed to be the most seductive ornament of a bride and it forms the most integral part of the traditional bridal jewelry. Scientifically, it is believed that women who have a pierced nose will experience less childbirth pains. It also represents the virginity of the bride.

5. The Finger Ring.

The ring which is worn on the third finger on the left is the most priceless ornament. Ancient Romans believed that the vein in the finger ring is directly connected to the heart. Wearing the ring on this finger is believed to help women attain good health and handle life with ease.

These Asian wedding jewellery are not only meant to enhance the beauty of the bride but also symbolize important factors of marriage.

The significance Indian wedding Jewellery

Indian Jewellery grabs everyone's attention with the visual appeal and because of its intricate designs. Jewellery has been a significant adornment for the Indian women since ages. The significance of an Indian woman life can be judged by the number of Jewellery she possesses from gifts she has received all through her lifetime on a variety of auspicious occasions in her lifetime. However, the actual beauty of the Jewellery pieces often lies much deeper and it's considered to be a mix of the spiritual and cultural essence for the most beautiful occasions of a woman's life.

A bride of any country remains to be incomplete without the admirable touch of some Jewellery pieces. Bridal Jewellery is a great significance as it not only enhances beauty but also take the beauty to another new level. Indian women not only wear the Jewellery because of customary traditions but also there is a special value attached to each Jewellery that is worn the women. Below is the significance of different types of Indian wedding Jewellery.

1. Tika.

This is a jewel that is used that is used to fill up the center parting of a woman's forehead. It consists of a chain with a pendant in the front and a hook on the other end. A lady with a broad forehead will look good in a heavy mang tikka and a light delicate one will suit more a woman with a smaller forehead. This place is believed to be the dwelling place of chakra which stands for preservation. It symbolizes the final union where there is no division. The union is the meeting of the elements of the male and female.

2. Necklace

A necklace is an essential piece of a bridal Jewellery as it's considered auspicious and mandatory to be worn by every Indian bride. It’s believed to add the overall touch to the aura of the bride and gives out an admirable glamor to her personality. Necklace worn near the heart is believed to control emotions and strengthen one's love. Wearing a necklace made of stones is believed to bind ourselves with internal powers. They are worn by the Indian women to bring good luck and ward off the evil eye.

3. Earrings

Earrings are like the best friends of the necklace as they both seem to complement each other. One can get a wide range of options from necklaces and you can choose a light or heavy one according to preference. One should keep comfort in mind as earrings are supposed to be worn during the entire marriage ceremony.

4. Nose Ring

It's also known as  Nath by the Indian women and it's believed to be the most seductive piece of jewel. It forms an integral part of the traditional bridal Jewellery keeping in view its scientific value. It traditionally represents the bride's virginity.

5. Finger rings

The bride is supposed to wear her engagement ring together with other Jewellery pieces of the bridal set. Wearing a ring on the fourth finger from a thumb is believed to be directly connected to the brain neuron cells. With the metallic friction, women are believed to attain good health and handle life with ease.
These Jewellery pieces not only form an essential part of an Indian bride Jewellery box but it also attains an undying love in the Indian woman's heart.

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Benefits of purchasing jewellery in online stores

The internet has revolutionized the way we shop and that's why online shopping is the new fad. Because of the numerous advantages and benefits, more people are making decisions to buy goods online over the conventional traditional method of going into stores. You can simply browse through websites on your laptop, desktop and even on your smart phone from the comfort of your home and shop for a plethora of brands and products. You can also shop for jewellery from UK online jeweller and also from all parts of the world.

Online jewellery stores offer a wide variety of jewels to pick the most appealing one. You should be very watchful in picking the online store to purchase your adornment in light with the fact that there are numerous online stores that can offer jewels at lower costs which are credible and meet the international standards. Below are some of the benefits you can avail while shopping for jewellery online:
 

1. Convenience
 

The convenience of any jewellery online store is unrivaled. This is because you can shop at any time as the shops give us an opportunity to shop 24/7.Another great thing of purchasing jewellery online is that you can shop as you enjoy the comfort of your home. It’s very convenient as compared to buying from a physical jewellery store as it only takes a few minutes to order and you will not be required to leave your desk or wait in the traffic.
 

2. Comparison
 

Before buying a piece of jewellery, one can browse through many other online jewellery stores and compare their designs and prices without too much effort. One can get a detailed description of the selected products at the click of a button. Comparing and researching of products and their prices is so simple. We also have the ability to share more information about the product and reviews with other shoppers. Most of the stores have an option for customization as well
 

3. Option galore
 

The choice online is also amazing. One is able to get several brands from different sellers in one place. You are given the ability to shop for a wide range of international brands without spending any airfare. The stock is also plentiful and some online stores have provisions in place to accept orders even when the products are out of stock and ship it when the stock becomes available.
 

4. Better prices

There are cheap deals and better prices in online stores because the product comes directly to you from the manufacturer or seller without the involvement of middlemen. It’s also very common for online stores to offer discount coupons and exclusive deals to frequent buyers. Most of the online sellers will offer email alerts to registered users when such deals are about to start.
 

5. Security

With an online jewellery store, you don't really have to worry about getting robbed. When you meet a reputable UK online jeweller, your purchase is discreet and secure as well. Just make sure that the website is secured.

All the above e-commerce benefits can be the main reasons as to why one should consider visiting a UK online jeweller when buying jewellery products.

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Factors that influence the price of gold.

A carat is a measure of gold content or gold purity. The higher the carat, the purer the gold. For example, a jewelry which is made up with a 22 ct implies that 22 parts of the jewel are made up of gold and the remaining two parts are made up of other metals such as nickel, copper and silver. In 22 ct gold price, for the 100 per cent, only 91.67% is made up of gold. The addition of other metals makes the jewel harder and more durable. Apart from making expensive jewelry or coating of expensive devices, gold is used as a standard of value for currencies all over the world. The price of gold gets stated in U.S dollars as a currency value and can fluctuate with market conditions. Below are some of the most significant influences on the prices of gold that any investors with an interest in gold should understand:

1. Global crisis

Gold prices tend to rise when people lack confidence in the government or the financial markets. That is why gold is a crisis commodity. The different events of the world have an impact on the price of gold because it's seen as a source for safety. Political instability often equates to an increase in gold prices.

2. Supply and demand

This factor might be underestimated but the simple demand and supply economics has the influence on gold prices as well.
Just like any product or service, an increased demand for gold combined with a low supply has the tendency to pull the prices high. Gold is a finite resource and when global economic conditions make gold attractive then the demand increases although the value of the gold will remain fairly stable in the long-run.

3. Inflation

Currency values fluctuate with time but the gold value which is measured in terms of what an ounce of gold can buy might stay stable in the long term. Rising on the higher levels of inflation tend to push gold prices higher whereas lower levels of inflation reduce the prices of gold. Investors might feel encouraged to buy gold when they feel the value of their paper money will decline.

4. The value of the U.S dollar

The U.S dollar is still the most dominant reserve currency and many different countries all over the world use the U.S dollar for international trades. The price of the gold and the strength of the dollar often have an inverse relationship. When the dollar is strong the value of gold is low and when the dollar is weak the gold prices become high.

5. Central bank

In the U.S the Federal Reserve is the central bank. Most countries have central banks and other dominant ones include the European Union and the Bank of Japan.In some cases, bank failures and irregular economic policies can attract investors to buy more gold. Some investors prefer the physical and tangible security of holding wealth when the central banks are going through deficit as a protection to their wealth.

We have long been enamored by gold and it's very likely that this will continue. The factors above influence the price of gold as one of the world's precious metals. 

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