What does 585 Italy mean on gold bracelet?

585 stamped on jewelry is 14k. 14 karat jewelry is 58.5 percent pure gold. So it can be stamped 14k or 585.

10k = 41.6% or 416
14k = 58.5% or 585
18k = 75% or 750
22k = 91.6% or 916