How to Read Gold Purity Marks: 24K, 22K, 916, 750 Explained
A clear guide to interpreting gold purity marks, including carat ratings and numerical fineness codes like 916 and 750.
Gold Market
Explainers
How the gold market actually works.
Why Gold Is Quoted in Troy Ounces
Gold is quoted in troy ounces, a unit of weight with origins in medieval France, not the same as the ounce used for everyday goods.
Understanding the LBMA Gold Price Auction and Its Difference from Spot Price
The LBMA Gold Price auction is a twice-daily benchmark-setting process, distinct from the continuously fluctuating spot price of gold.
How the London gold benchmark is set, and why it matters
Twice a day, a short electronic auction produces the number that prices most of the world's physical gold. Here is how it works.