Gold 875 – 21 Carat
Live 875 Gold Price
What is Gold 875?
To fully grasp what gold 875 is you need an appreciation of what gold hallmarks are and why they are important. ‘875’ gold is just one of many different types of hallmarks.
If a gold product bears the hallmark ‘875’, then your gold has been tested and classed as 21 carat or 87.5 per cent pure.
The remaining 12.5 per cent of the item is composed of different metals such as nickel, copper, or in some cases silver. Therefore a 21 carat piece is an alloy of Gold and other metals with a minimum Gold content of 87.5%.
Pure Gold is quite soft and malleable so 21 carat Gold jewellery is quite soft and usually not designed for everyday wear. Asian jewellery, particularly when created for special occasions such as weddings, is often made from 21 carat gold.
875 Gold is usually a pale golden colour as the item is predominantly gold with few additions to the alloy.
In order to calculate a price for a jewellery item, the live gold price is applied to the weight of pure or fine gold in an item, rather than the overall weight of the product. For example, if the spot price of gold was £1000 per troy ounce, and you have one ounce of 21 carat gold, your gold would be roughly worth £875.00.
Our 21 carat Gold Price Chart has been designed to simplify this process and already applies the calculation required to produce an actual Price Chart for 21 Carat Gold.