22k gold price per gram today
22k gold is the second purity level of gold comprised of 91.67% of pure gold. It has 22 parts representing the amount of gold contained in it out of the 24 parts that are 100% pure gold.
The remaining 2 parts, which are not part of the 22 are metal elements such as zinc, silver, or iron. These metal alloys added make it more durable and stronger compared to the 24k gold.
it comes in various forms such as bars, rounds, nuggets and dust, offered in different sizes and weights. Among the sizes is the 1 kilogram gold bar that is more sought of by potential gold investors and collectors.
Advantages of 22k Gold
22k gold is featured with a high value and hence it is recognized on the global market. Therefore it can easily be bought and sold off to reputable gold dealers at a profitable price in case immediate cash is needed.
Its good purity level and global market recognition and low price rates compared to the 24k makes it a preferred choice for a variety of gold investors and collectors alike who are seeking both security and flexibility in their investment portfolios
The addition of the two metal elements to 22k gold not only makes it durable and stronger but also gives it a distinct ,visual appealing, vibrant yellowish color that makes it look very different from the fine pure gold, 24k that comes with a bright yellow hue making it the perfect choice for crafting precious gold items such as engagement rings.
Fine jewelry gold pieces and fabrics made out of 22k gold are admired for their durability and allure which enhances their appeals to consumers looking to buy or invest in precious items.
The two metal alloys present in a 22kgold make it a more preferred choice in the fashion industries where where aesthetics and quality are paramount.
it is used in various industries particularly in the jewelry industry where it is used to craft a variety of different daily wear fine pieces of gold products such as hand watches, necklaces, rings and bracelets. It is popular because it is much stronger and more durable than the 24k gold but not as robust as low purity levels of gold such as 18k, 14k and 10k.
Although it comes with durability and strength, care has to be taken when handling gold items crafted out of 22k gold. It is resistant to deformation compared to 24k gold but it can still get scratched or bent if not well handled. special care and maintenance are required to preserve the beauty of 22k gold valuable items.
What is the price of 22K Gold?
The price of 22k gold fluctuates depending on the global market and it varies due to various factors such as economic and political conditions, geopolitical events and market demands.
To determine the current prices, one must check with the current gold spot prices. These can be got from from websites of precious metal dealers like goldbuyersafrica.com , specialized gold market platforms that offer live updates on gold prices and from financial websites.
Below is a table showing the current spot prices of 22K gold per gram, troy ounce, tola and kilogram
| Weight | Today USD |
| 22K Gold price per gram | $ 62.53 |
| 22K Gold price per troy OZ | $1,969.91 |
| 22K Gold price per kilogram | $63,437.04 |
| 22K Gold price per tola | $738.73 |
Prices are accurate as of June 20th and are subjected to change.
It is very important for a gold investor or collector to understand the differences between different purity levels so that is able to make an informed decision when investing or buying gold for own use.
But 24k has determined it’s investment purposes and investors seeding money in raw gold prefer 24k to other gold purity levels.
However, you can also chose to invest in fine gold products like jewelry because they also come with a high liquidity level hence can easily be transacted for cash.
Why is 22k gold preferred over 24k gold
The presence of two metal alloys in 22k gold makes it more durable and stronger than the 100% pure gold,24kgold, which makes it very suitable to craft gold items for daily use or which are subjected to frequent handling like jewelries.
24k gold is soft and malleable hence it is susceptible to scratches and deformations hence it cannot be used to craft gold items that are subjected to daily handling.
Because 24k is more valuable because of its purity levels , 22k gold is less expensive compared to it due to the presence of the two metal alloys making it a more cost effective for those who prefer high quality gold that comes with out high prices pegged on it like the 24k gold.
The presence of the two metal alloys in 22k gold gives it a richer, visual appealing vibrant color with a deeper hue compared to the brighter yellowish color o pure gold,24k.
What is the major use of 22k gold?
The 2 parts of 22k gold left out of the 24k pure gold are metals alloys for example silver or iron which make it durable and much stronger, visually appealing by giving it a distinct vibrant yellowish color hence making it to be more sought of by the jewelry industries more than the 24k gold.
How much pure gold is present in the 22k gold?
Gold purity is measured in Karats, with 24 karat being the baseline, representing pure gold. Therefore to determine the amount o gold contained in a 22kgold you can use the following calculation;
Percentage of gold in 22k = (22 ÷ 24) × 100 = 91.67%
Therefore, 22k gold contains 91.67% of pure gold with the remaining 8.33% being a combination of metal elements such as silver, copper, or zinc that are added to enhance its strength and durability.