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Why Is 14K Gold Cheap?

Why Is 14K Gold Cheap?

14k gold is not necessarily “cheap,” but it is less expensive than higher karat weights of gold. This is because 14k gold contains less pure gold than higher karat weights.

14k gold comprises 14 parts of gold and ten other metals, such as copper, silver, and zinc. This means that it is only 58.5% pure gold, compared to 18k gold, 75% pure gold, or 24k gold, 99.9% pure gold.

Because 14k gold contains less pure gold, producing it is less expensive than higher karat weights. However, it is still a valuable and desirable type of gold that is commonly used in jewelry making. 14k gold is more durable than higher karat weights, making it an excellent choice for everyday wear, and its lower price point makes it more accessible to a wider range of people.

Overall, the cost of gold is influenced by many factors, including the current market price of gold, the cost of labor and materials, and the level of demand for gold jewelry. While 14k gold is less expensive than higher karat weights, it is still a valuable and highly sought-after material.