12-Karat gold price in Icelandic kronur

12-Karat gold

12 karat gold means that gold contains 12 parts of pure gold and 12 parts of other metals or alloys. 12 karat gold is relatively low in pure gold content and is used less frequently in jewelry manufacturing. It is often available in low-value pieces or thin earrings and bracelets. The gold content in 12 karat gold is 50%, with the remaining 50% being a mixture of other metals such as zinc, copper, silver, and sometimes other alloys. It is also known as 500 gold.