In terms of composition, 14k gold contains a larger quantity of actual gold than 10k gold. A piece of 14k gold contains 14 parts gold and 10 parts other metals, while 10k gold has 10 parts gold and 14 parts other metals. However, other aspects must be considered to determine what type is best for an individual.Know More
Although 10k gold contains less gold, the higher concentration of other metals makes it more durable than 14k gold. Real gold is fragile and easy to bend while other metals are much stronger. A piece of 10k gold jewelry is also less expensive than an identical piece of 14k gold jewelry.
The additional metals in 10k gold trigger an allergic reaction in some people. There is enough additional gold in 14k gold that it is less likely to cause an issue.Learn more about Precious Metals & Gems
9K gold is 9 karat gold, or 9 parts pure gold to 15 parts other metal. According to an excerpt from "How Products Are Made" hosted on Encyclopedia.com, the karat (K) is the unit gold alloys are measured in.Full Answer >
Hard to find in nature and durable enough to remain in perfect condition for centuries, gold is unlike any other metal in the periodic table. It has been used as currency and as a means to display wealth and power for centuries, particularly among royalty historically.Full Answer >
The high value of gold is driven by three factors: its practical applications, the largely aesthetic desire people have for it and the perceived protection it grants investors as a hedge against currency fluctuations. According to Jerry Bowyer for Forbes magazine, the cash value of all the gold that has so far been extracted amounts to roughly $10 trillion.Full Answer >
Gold is expensive because there are limited quantities available. In addition, it is expensive to produce, which also drives up the overall cost.Full Answer >