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What does 995 mean on gram gold?

The 995 on gram gold shows that 995 out of every thousand parts of the gold are pure gold. Some gram gold pieces carry 999.9 instead of 995. We explain the difference between the two numbers, where 995 comes from and how it relates to karat.

Last updated: October 20, 20263 min read
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What does 995 show?

The 995 on gram gold is its purity expressed as fineness. Fineness writes purity out of 1,000: 995/1000 purity means that 1,000 units of gold contain 995 units of pure gold.1 The remaining 5 per thousand is other metals.

Some gram gold pieces carry 999.9 instead of 995. Gram gold comes in these two purities.3

The difference between 995 and 999.9

Marked on itPure gold in 1,000 partsGold contentOther metals
99599599.5%5 per thousand
999.9999.999.99%0.1 per thousand

Both numbers are very close to pure; the difference is 4.9 per thousand. This difference cannot be seen by eye; it can only be found by measurement.

Where does the number 995 come from?

In Türkiye, the purity of gold in standard ingots and bars produced by refineries must be at least 995/1000. This limit is set out in the Communiqué on Precious Metal Standards and Refineries of the Ministry of Treasury and Finance.2 Borsa İstanbul also treats gold of at least 995/1000 purity as standard and anything below it as non-standard.1

The same limit is used in the international market too: the purity required for gold bars acceptable for delivery on the London market (Good Delivery) is at least 995.0 per thousand.4

What karat is 995?

Karat writes purity out of 24, fineness out of 1,000. Divide the fineness by 1,000 and multiply by 24 to get the karat: 995 ÷ 1,000 × 24 ≈ 23.88. By the same calculation, 999.9 fineness corresponds to about 24 karat.

How is the number on it verified?

The number on it says what the gold is supposed to be. Whether the piece really has that purity is found out by measurement: colour, shine or weight alone do not show purity. Karat isn't guessed. It's measured.

FAQ

Is 995 gold pure gold?

It is very close to pure: 995 out of every thousand parts are pure gold, so the gold content is 99.5%. The remaining 5 per thousand is other metals.

Which is purer, 995 or 999.9?

999.9 is purer: 999.9 out of every thousand parts are gold (99.99%). For 995, this ratio is 99.5%.

What karat is 995 gram gold?

995 fineness corresponds to about 23.88 karat, and 999.9 fineness to about 24 karat.

What does fineness mean?

It is purity written out of 1,000. 995 fineness means 995 units of pure gold in 1,000 units.

Karat isn’t guessed. It’s measured.

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