Pure Gold Bars? Do not Quite..!
The first factor we must always indicate is that it's nearly not possible to economically or commercially acquire fully pure gold. twenty four carat gold would be fully pure. Before electrolytic processing, extremely refined gold was typically .9995 pure (99.95%). If we tend to convert this to carats, it might be twenty three.988 carats. London sensible delivery gold bars square measure acceptable at .995 that is "only" twenty three.88 carats. With electrolytic processing, it became commercially economic to supply .9999 fine gold, that works bent twenty three.9976 carats. the Royal Canadian Mint additionally manufacture a .99999 fine gold coin, publicised because the world's purest gold coin. this works out at twenty three.99976 carats. It follows from this, that it's a lot of correct to sit down with bars by their metric fineness than as twenty four carat.
