What is 916 Gold?, Understanding the Purity of Gold - PowerPoint PPT Presentation

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What is 916 Gold?, Understanding the Purity of Gold

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Title: What is 916 Gold?, Understanding the Purity of Gold


1
Understanding the Purity of Gold
2
  • What is 916 Gold?
  • Standardisation recognise pure from impure.
  • It is the percentage of gold present in the alloy
    used to make the gold jewellery or coins.
  • 91.6 of pure gold in the alloy.

3
What is the difference between 22 Karat gold and
916?
  • Both are same
  • 916 old has a proportion of 91.6 grams pure 24
    karat gold in 100 grams of alloy
  • 22/24 in percentage is 91.6.
  • 22 Karat is considered as the ideal proportion.
  • 24 Karat is the purest form but it is too soft
    and with low malleability to make ornaments out
    of it
  • If gold is only for investment 24 Karat is
    prefered

4
  • What is Hallmarking?
  • Process of certifying the purity and fineness of
    gold
  • Done by the Bureau of Indian Standards (BIS)
  • What is 916 Hallmark Gold?
  • Hallmarking can assure purity and authenticity of
    gold.
  • Hallmark signs can be checked on gold
  • 916 hallmark gold will have a BIS-certified
    hallmark engraved on it
  • Denotation will be 22K916 which corresponds to
    916 gold or 22K fineness and purity of gold.

5
  • Details of purity check before buying gold
  • BIS Mark -
  • Indicates that one of BIS licensed laboratories
    verified the purity.
  • Purity in Karat and fineness
  • Indicates the percentage of gold present in the
    alloy.
  • 22 Karat is considered the purest to make
    jewellery
  • Assaying and hallmarking centres mark/number
  • Gold jewellery must be assessed for purity only
    in BIS-licensed laboratories.
  • Labs logo or licence number is imprinted on the
    Jewellery.
  • Jewellers identification mark
  • Gold jewellery store or manufacturer is supposed
    to put their identification mark on the gold
    piece for it to be called hallmarked.

6
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