If you’re planning to sell your gold and want to get the best possible deal, understanding the difference between 24K and 22K gold is essential. While both are highly valued, their purity, usability, and market demand vary—and this affects how much you’ll earn. For those looking for 24K gold buyers in Adelaide, it’s important to know what local gold dealers really look for and how you can maximize your return.
24K gold is considered pure gold, containing 99.9% gold with no significant traces of other metals. It has a bright, rich yellow color and is highly malleable. Due to its softness, it’s not commonly used in jewelry that’s worn daily, but it's popular for investment in the form of coins and bullion.
22K gold, on the other hand, contains 91.6% gold and is mixed with small amounts of other metals like copper or silver to make it more durable. It is commonly used in high-quality jewelry, especially in traditional markets like India and the Middle East.
When it comes to 24K gold buyers in Adelaide, the purer the gold, the better. Buyers typically prefer 24K gold because:
It’s easier to resell or melt for refining.
It fetches a higher rate per gram based on its purity.
It is more desirable for investors looking for pure gold bullion or coins.
That said, 22K gold still has a strong market value, especially for jewelry buyers. However, it may fetch slightly lower prices due to the alloyed metals and slightly reduced gold content.
Most reputable gold buyers in Adelaide deal in both 22K and 24K gold. However, professional dealers, especially those who cater to investors, often prioritize 24K gold because of its purity and liquidity. This includes:
Gold coins and bullion bars
Investment-grade gold items
High-purity gold scrap
On the other hand, 22K gold is more common in ornamental pieces like rings, necklaces, and bracelets, and might be appraised based on both metal content and craftsmanship.
Know Your Karat: Check for karat markings (e.g., 999 for 24K or 916 for 22K) or get a professional test done.
Weigh Your Gold: Use a digital scale to get an idea of your item’s weight before selling.
Compare Rates: Not all buyers offer the same price—especially for 24K items.
Choose a Trusted Dealer: Work with licensed and transparent gold buyers to avoid being underpaid.
If you're looking for the most reliable 24K gold buyers in Adelaide, look no further than SA Gold Diggers Pty Ltd. Known for their honest appraisals, competitive market rates, and top-tier customer service, they make the gold-selling process smooth and rewarding.
Whether you're selling 24K bullion, coins, or high-purity scrap gold, SA Gold Diggers Pty Ltd guarantees transparency and same-day payments.
Contact SA Gold Diggers Pty Ltd today and experience why they’re Adelaide’s most trusted name in 24K gold buying.