2023-12-23T12:50:52-08:00[America/Los_Angeles]
What does 18KGP mean?
18KGP stands for 18 karat gold plated. In finance, this term is used to describe jewelry or other items that are made of a base metal and then coated with a layer of 18 karat gold. The "18K" indicates the purity of the gold used in the plating, which is 75% gold and 25% other metals. The "GP" stands for gold plated, indicating that the item is not solid gold but rather has a thin layer of gold applied to the surface. This term is important for consumers to understand when purchasing gold jewelry, as it indicates the quality and value of the item. It is also important for investors and traders to be aware of this term when dealing with gold-related assets.
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