Unraveling the mystery of 700 grade gold: Does It Really Contain 70% Pure Gold?

Jakarta, Pintu News – Gold has long been considered one of the safest and most profitable investments. However, understanding the different gold grades can be challenging, especially for first-time buyers of gold jewelry. Gold grade 700 is often a topic of discussion as it signifies the composition and authenticity of the gold used in jewelry. This grade indicates that the gold contains 70% pure gold, while the rest is a mixture of other metals such as silver and palladium.

Understanding Codes and Grades on Gold Jewelry

Each piece of gold jewelry has a code that reflects the purity level of the gold used. This code is usually printed on the surface of the jewelry and is an important guide for buyers to verify the authenticity of the product. For example, jewelry with a 700 code indicates that 70% of the composition is pure gold.

The rest, which constitutes 30%, is a mixture of other precious metals that add strength and durability to the jewelry. This code not only helps in determining the value of the jewelry but is also important in determining the resale price. The higher the percentage of pure gold, the higher the value of the jewelry. Therefore, understanding the meaning of these codes is essential for anyone looking to invest in gold.

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Conversion of Gold Grade to Carat Units

In the jewelry world, gold grades are often expressed in carats. Gold grade 700 is equivalent to 17 carats, which means that the jewelry contains 70.8% pure gold. The formula to calculate the percentage of pure gold is to divide the gold content by 24 (the maximum number of carats) and then multiply by 100%.

This gives a clear picture of how much pure gold is contained in a jewelry item. This understanding is very important, especially when comparing jewelry of different grades. For example, 24-karat gold has almost 100% purity and is usually preferred for investment in gold bars rather than jewelry, due to the softness of pure gold.

The Difference Between Old Gold and Young Gold

In gold classification, there are the terms ‘old gold’ and ‘young gold’. Old gold is a type of gold that has a purity level of at least 50%. Meanwhile, young gold has a purity level below 50%. The 700 grade, which represents 70% purity, falls under the category of old gold.

This indicates that the gold has a higher value and better stability in the long run compared to young gold. Investors and jewelry buyers should take note of this distinction when choosing gold. Choosing gold with a higher grade not only guarantees quality but also greater profit potential in gold investments.

Authenticity and Investment Value of 700 Grade Gold

Understanding gold grades and the codes associated with gold jewelry is key to making wise investment decisions. 700 grade gold offers a combination of beauty and a solid investment with 70% purity. For investors and jewelry lovers, choosing the right grade of gold is an important step to ensure that they get the best value from their purchase.

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Reference

• VOI. Indonesia’s Economy Grows 7.07 Percent in Q2 2021. Accessed on July 21, 2025