999 gold refers to gold with the highest purity available, meaning it is 99.90% pure.
Understanding 999 Gold Fineness
According to the provided reference, 999 fineness signifies the highest purity you can get with gold. This means that the gold is 99.90% pure. The remaining 0.10% consists of impurities.
This exceptional level of purity makes 999 gold highly valued, especially within specific markets.
Key Characteristics of 999 Gold
- Purity: 99.90% gold
- Impurities: Only 0.10%
- Designation: Known as 999 fineness or sometimes referred to as "three nines fine" or "24-karat" in some contexts (though fineness is more precise).
Comparison with 995 Fineness
The reference also mentions 995 fineness. While still very pure, it has a slightly lower purity compared to 999 gold.
Here's a quick comparison:
| Fineness | Gold Purity | Impurities | Notes |
|---|---|---|---|
| 999 | 99.90% | 0.10% | Highest purity available |
| 995 | 99.50% | 0.50% | Slightly lower purity |
Both 999 and 995 fineness represent very high levels of gold purity, but 999 is recognized as the ultimate standard for pure gold.
Common Uses for 999 Gold
Due to its unparalleled purity, the reference states that 999 gold is commonly used for investment in coins and bars, known as bullion.
- Investment Bullion: Investors seeking to hold physical gold often prefer 999 fineness in the form of bars and coins because its high purity makes it easier to assess its intrinsic value based purely on its weight.
- Standard for Purity: It serves as a benchmark for high-purity gold.
In summary, 999 gold is the gold standard for purity, representing 99.90% pure gold, primarily used for investment bullion.
