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What does a 24-karat gold rating mean?

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A 24-karat rating indicates that an object is composed of pure gold.

The karat system measures the fineness or purity of gold, where one karat represents 1/24 part of the whole. Because pure gold is highly malleable and soft, it is often mixed with other metals to create an alloy; the karat number reflects how many parts of that total are gold. Therefore, 24-karat gold signifies that the material consists entirely of gold, with no other alloying metals present.1