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To answer your question directly, 18k is not measured in carats.

Your term '18k' is typically used to describe the purity of gold. In this case, 18k indicates that 18/24ths of the metal mix is gold, 24k, therefore, being pure gold. These karats are spelled karat.

For a diamond, 18 carats indicates the weight of the diamond, one carat being equal to .20 grammes. These carats are spelled carat.

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