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24K is 99.9% gold and is considered "pure gold"

22K is 91.3% is gold

etc...

The way karats works is:

each K is 1/24 part gold. So, 24K is 24/24 parts but 22K is only 22/24 parts. 18K is 18/24 parts and 10K is only 10/24 parts gold with 14/24 parts anything else.

24K isn't always "better" though. Gold is soft and some things need to be hard due to their intended use. A 24K ring will be easily damaged for example while a 10K will hold up to considerable wear.

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