Gold is graded in purity called Karats, 24 Karat gold is pure gold, also known as fine gold with a purity of 99.9%. An 18 karat gold ring is 75% pure gold and 25% alloy; while a 14 karat gold ring is 58.5% pure gold and 41.5% alloy.
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Gold Colors and Mixture
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Platinum
Platinum is silvery-white precious metal and is usually more expensive than gold. Most platinum jewelry is 95% platinum and 5 %alloy. Platinum is heavier and more durable than gold with a slower wear factor.