K and KT, both are very popular terms in the gold industry. But many have a question, what actually stands for K and Kt? And if you have a question, then you must be happy as you are going to get the answer here.
In fact, every sector has some common terms. And only the related persons know the actual meaning of those terms. Nothing exceptional lies in the gold industry.
For you, we have brought up here a detailed guideline on what is the difference in K and Kt in gold.
What does it mean by K and KT?
You already know that Karat is a unit that is used to measure the purity of gold or a piece of jewelry.
This unit “Karat” is related to the purity of gold such that the higher the value of gold in Karat, the higher purity level it gains.
And this “Karat” is denoted as K or KT. You can use any of them as both of them express the same meaning.
In other words, K and KT are the abbreviations with the same meaning, represented as “Karat” which defines how pure the gold is.
You may know that 24 Karat is purest gold. You can denote it as 24K or 24KT, they all represent the same sense.
Is there any difference between K and KT?
You may think about whether there remains any difference between K and KT or not. If there remains, then “what is the difference in K and KT in gold?”
Well, whether you use K or KT, it makes no difference because they all make the same sense. So, you can say, there is not any difference between K and KT.
Both are the abbreviation along with the same meaning. So you can use any of them.
There are different types of gold like 10K, 14K, 24K, and so on. Among them, 24K or 24KT or in simple words, 24 Karat is considered as the purest gold.
By purest gold, it means that there is no mixture with other metals. It is 99.99% or 100% pure gold.
But if you think of other types like 10K, 14K, they are not pure. There are some other metals that are mixed with them.
Basically, Karat is used to determine the total amount of parts are gold out of 24 in a piece of jewelry.
Let me help you with an example, if you consider jewelry of 14k or 14 KT or 14 Karat, all of them indicate the same meaning which is 14/24 of that jewelry is gold.
In European countries, most of the time it is considered as the fineness of that gold.
That fineness is expressed by the 3 digits’ number that is used to represent the portion of gold for every 1000 pieces.
According to that, 18Karat or 18 KT gold means that it contains a fineness of
750. In other words, 18/24 has the same meaning as 750/1000.
Some abbreviations related to gold:
Till now, you know about two abbreviations related to gold, which are K and KT. They both represent Karat.
You can also write them as k, Kt, kt, CT, as they all contain the same meaning.
There are some other abbreviations, you may find them on the gold items like jewelry.
One of them is kp or KP that represents Karat Plum which means that the quantity of gold in that jewelry or the item is equal to the Karats.
Another one is gp, or G.P or GP, they all represent Gold Plated. Gold plate determines that the jewelry or the item is completed a different metallic item along with the thin layer which is of gold, attached to the surface.
GF or G.F or gf all stands for Gold Filled. Gold plated and Gold Filled denotes the same meaning and purpose but the gold coating of Gold Filled is much thicker.
Last but not least is HGE or hge or H.G.E, which represents Heavy Gold Electroplate.
It is also known as Vermeil. This type of object is constructed with the coating of sterling silver with 10K gold. The thickness of it is not less than 2.5 microns.
Through this article, I’ve discussed some details about K and KT in gold, as well as their actual meaning.
In the end, I hope that I’ve succeeded in removing all the confusion between K and KT from you.
I repeat that they make no difference, they are all the same and you can use whatever you want to use.
If you further face any confusion or any problem with them, let us know. We will try our best to help you with some detailed information and examples for your better understanding.
John has been writing on financial topics from the beginning of his career in finance. He spent nearly five years as an emerging markets analyst in The USA and has written on a wide range of finance related topics.
- Investment professional with 8-year track record of delivering high-impact financial communications solutions
- Skill set includes financial writing, equity research, institutional marketing, and content strategy
- Experienced in developing custom content and thought leadership pieces to support business objectives while promoting brand awareness
- John earned his bachelor in science degree and master’s in business administration. He holds a CFA charter.