When going to buy gold products, different varieties such as Hallmark, KDM or 916 gold would be displayed with different rates. It can have people wondering what all the divisions are about once you have already zeroed in on a purity, say 22 karat gold. These can be explained as:
916 gold is nothing but 22 carat gold. 916 is basically used to denote the purity of gold in the final product, i.e. 91.6 grams of pure gold in 100 gram alloy. The figure 916 is basically 22/24 (22 carat by 24 carat). In a similar manner, 958 gold is 23 carats (23/24) and 750 gold is 18 carats (18/24).
916 gold is good for making intricate jewellery as pure gold is too soft. Delicate craftsmanship is not possible in 100% pure gold. As such, you should look for 916 purity gold when making purchases of jewelleries as 22 karat is considered to be the best quality of gold purity for making jewelleries and ornaments.
Hallmark gold, on the other hand refers to the certified quality of gold. The Bureau of Indian Standards or BIS awards hallmark on gold jewellery. Being hallmarked ensures that the quality of gold is as per claimed by the seller and customers aren’t duped when buying or reselling items. The BIS evaluates and indicates if a particular gold piece is up to mark on international purity standards. The gold is checked in one of the assaying centres of BIS spread over the country, currently over 330. Hallmarked gold is laser engraved so as to mark the gold with details such as:
- BIS logo
- Retailer’s logo
- Purity (916, 875 etc.)
- Year of certification
- Assaying centre’s logo
In general, all gold jewelleries and coins purchased from BIS certified retailers are hallmarked, though you should still check for the same. In case of purity certification, hallmarked gold is available in purities of 958 (23 carat), 916 (22 carat), 875 (21 carat) and 750 (18 carat). You should be more careful when buying gold from a neighbourhood shop as they might not have been checked by the proper authorities.
KDM jewellery has a sort of history attached to it. Gold jewelleries get their intricate designs through soldering of different parts together. As such, the soldering material used should always have a melting point that’s lower than that of gold. Historically, the solder material had been an alloy of gold and copper with 60% of the alloy being gold and 40% copper. However, using such an alloy gives more impurities to the gold. Let’s say you purchased a 22 carat gold jewellery piece that was worked on using this technique. So when this jewellery is melted when you sell it, you will get a lower purity of gold. You may have noticed that older jewelleries are certified as 22/20 carat purity, wherein the jewellery at the time of buying was 22 carats purity and after melting it will have a purity of 20 carats.
This is where KDM jewellery comes in. KDM is an alloy of gold and cadmium with the divisions being 92% gold and 8% cadmium. This alloy also has a melting point lower than that of gold and maintains the purity of the base jewellery even when melted. However, KDM jewellery was found to have adverse health impacts on wearers and so the technology was banned and replaced by other advanced alloys.
So, KDM jewellery is technically not being made anymore but the term has caught up with the industry and is being used widely. In short, KDM jewellery allows you to retain the purity of gold jewellery when you eventually sell it.
Read more on Gold
- Gold And Devaluation
- Gold Price Valuation In India
- Reasons Why Gold Rates Fell Since February
- Why Is Gold Rate Fluctuating
- Why Investing In Gold Is A Golden Opportunity
- How Gold Rate Fluctuation Affects Indian Economy
- Top 8 Reasons to Invest in Gold
- How Does Gold Investment Affect Indian Economy?
- How Will Restricting Gold Imports in India Affect Gold Rates?
- Tax on Gold 2016
- Is Buying Gold a Good Investment in 2016
- Top 5 Factors That Affect Gold Rate In India
- Why Gold Prices Are Up