Last Update: 13 May 2024
What is 585 gold? – 585 gold is the measure of the gold fineness, which is 58.5% pure gold – or 14 karat. Below read more about the price of 585 gold, how to calculate the value of 585 gold, understanding composition, value, hallmarking, cleaning and storing 585 gold.
KEY TAKEAWAYS
- 585 gold denotes the purity of gold by parts per thousand in an alloy. The system is called (millesimal) fineness, ranging from 1 to 1,000
- It means, the piece of jewelry consists of 58.5% pure gold and 58.3% other metals
- Expressed in karat, 585 gold is 14 karat
- 14 karat gold is the most popular gold purity for jewelry in the United States.
Also check out: 333 gold, 375 gold, 417 gold, 500 gold, 585 gold, 667 gold, 750 gold, 833 gold, 875 gold, 917 gold, 958 gold and 999 gold.
Price for 585 Gold per Gram on 13 May 2024: USD 44.03
- The price of gold jewelry is determined by its pure gold content, the value of other metals (usually copper, silver or zinc) are not considered
- That means, 585 gold costs 58.5% of pure gold
- However, gold jewelry has often a considerable markup for its craftsmanship, brand, design and rarity. Buying gold jewelry is a sentimental choice.
- For investment purposes, gold bars and coins (bullion) are a more rational choice. They have only a very small premium.
How did the 585 gold price change over the last 30 days?
Chart with price development of 585 Gold
585 gold price of the last 30 days in a chart:
Table with the daily 585 gold price in USD of the last 30 days
| Date | Gold Price |
|---|---|
| 13. May. 2024 | USD 44.03 |
| 12. May. 2024 | USD 44.54 |
| 11. May. 2024 | USD 44.54 |
| 10. May. 2024 | USD 44.54 |
| 09. May. 2024 | USD 43.95 |
| 08. May. 2024 | USD 43.50 |
| 07. May. 2024 | USD 43.53 |
| 06. May. 2024 | USD 43.71 |
| 05. May. 2024 | USD 43.31 |
| 04. May. 2024 | USD 43.31 |
| 03. May. 2024 | USD 43.25 |
| 02. May. 2024 | USD 43.40 |
| 01. May. 2024 | USD 43.76 |
| 30. Apr. 2024 | USD 43.11 |
| 29. Apr. 2024 | USD 43.91 |
| 28. Apr. 2024 | USD 43.97 |
| 27. Apr. 2024 | USD 43.97 |
| 26. Apr. 2024 | USD 44.02 |
| 25. Apr. 2024 | USD 43.89 |
| 24. Apr. 2024 | USD 43.64 |
| 23. Apr. 2024 | USD 43.72 |
| 22. Apr. 2024 | USD 43.95 |
| 21. Apr. 2024 | USD 44.96 |
| 20. Apr. 2024 | USD 44.96 |
| 19. Apr. 2024 | USD 45.05 |
| 18. Apr. 2024 | USD 44.89 |
| 17. Apr. 2024 | USD 44.72 |
| 16. Apr. 2024 | USD 44.83 |
| 15. Apr. 2024 | USD 44.16 |
| 14. Apr. 2024 | USD 0.00 |
585 Gold for different weights from 1 gram to 1,000 gram
| Fineness | Gold Price |
|---|---|
| 1 gram 585 gold | USD 44.03 |
| 2 gram 585 gold | USD 88.06 |
| 5 gram 585 gold | USD 220.15 |
| 10 gram 585 gold | USD 440.30 |
| 20 gram 585 gold | USD 880.60 |
| 25 gram 585 gold | USD 1,100.75 |
| 50 gram 585 gold | USD 2,201.50 |
| 100 gram 585 gold | USD 4,403.00 |
| 200 gram 585 gold | USD 8,806.00 |
| 250 gram 585 gold | USD 11,007.50 |
| 500 gram 585 gold | USD 22,015.00 |
| 1000 gram 585 gold | USD 44,030.00 |
Calculate the Price for 585 gold jewelry
To calculate the price for 585 gold jewelry, you need to know the weight of the item in grams and the current market price of gold per gram.
If you enter gram, the value in 585 gold will be calculated.
If you enter dollars, the weight in 585 gold will be calculated.
What is 585 gold in karat?
585 gold denotes the purity of gold in an alloy by parts per thousand. Therefore, 585 gold is 58.5% of 1000.
Karat denotes the gold purity on a 24 part system.
Therefore, 58.5% of 24 is 14.
In conclusion, 585 gold is 14 karat.
Understanding 585 Gold
585 gold is a type of gold alloy that contains 58.5% pure gold and 41.5% other metals. The term “585” is a hallmark that indicates the purity of the gold. This type of gold is also known as 14-karat gold because it contains 14 parts pure gold and 10 parts other metals.
Composition and Purity
The other metals used to create the alloy can include copper, silver, nickel, and zinc. These metals are added to improve the strength and durability of the gold and to create a specific color or finish.
The purity of 585 gold makes it a valuable and sought-after metal. It is also less expensive than 24-karat gold, which is the purest gold jewelry. Jewelry made from 585 gold is typically more valuable than jewelry made from lower-karat gold alloys, such as 8, 9 or 10 karat. The jewelry price is also affected by gemstones (such as diamonds), famous brands or designers (such as Van Cleef & Arpels) or its historical rarity and value (see also gold jewelry and gold history).
What is the 585 gold symbol?
In many countries, including the United States, gold jewelry must be hallmarked to indicate its purity. The hallmark is a stamp or engraving that is placed on the piece of jewelry to indicate the percentage of pure gold it contains. In the case of 585 gold, the hallmark will typically be “585” or “14k”. (In US and UK 14k is stamped, in other European countries 585).
The hallmarking standards for gold jewelry can vary by country. For example, in the United Kingdom, gold jewelry must be hallmarked by an independent assay office to ensure its purity. In the United States, the hallmarking standards are set by the Federal Trade Commission (FTC). The FTC has adapted karat as a standard; read the guide here.
Frequently Asked Questions
How is the value of 585 gold determined?
The value of 585 gold is determined by its weight, purity, and the current market price of gold. The weight of the gold is measured in grams, and the purity is indicated by the “585” mark, which means that the gold is 58.5% pure. 585 gold costs 58.5% of the official gold price.
What does the 585 mark indicate on gold jewelry?
The “585” mark on gold jewelry indicates that the piece is made of 58.5% pure gold. The remaining 58.3% is made up of other metals, such as copper and silver, which are added to increase the strength and durability of the piece.
How can you distinguish between genuine and fake 585 gold stamps?
To distinguish between genuine and fake 585 gold, you must assay the gold. This is best done by jewelry shop or a gold trader. read more about gold assaying in gold properties.
What is the price range for a 585 gold ring?
The price range for a 585 gold ring can vary depending on several factors, such as the weight of the gold, the design of the ring, and the current market price of gold. Generally, a 585 gold ring can cost anywhere from a few hundred dollars to several thousand dollars. In some counties, basic gold jewelry cost only the price of the material. In others the price could be double or triple the material costs, as goldsmiths have a high rate.
Can you pawn jewelry marked with 585 gold?
Yes, you can pawn jewelry marked with 585 gold. The amount of money you can get for the jewelry will depend on several factors, such as the weight of the gold, the current market price of gold, and the condition of the piece.
What is the quality comparison between 585 gold and 24 karat gold?
585 gold is 58.5% pure gold, while 24 karat gold is nearly 100% pure gold. The higher the karat, the purer the gold. However, 24 karat gold is also softer and more malleable than 585 gold, which is why it is often alloyed with other metals to increase its strength. Both 585 gold and 24 karat gold have their own unique qualities and are used for different purposes. 24 karat gold is typically bought for investment purposes as gold bars and gold coins. However, in some Asian countries such as China and India, 24 gold karat jewelry is gifted at special occasions (e.g. births).
What does 585 gold purity mean?
585 gold, also known as 14k gold, consists of 58.5% pure gold and 41.5% other metals and materials. This level of purity makes it a popular choice for jewelry due to its relatively high gold content combined with durability
What are 585 gold alloys?
585 gold, known as 14 karat gold, consists of 58.5% fine gold, with the remainder typically comprising metals like copper and silver to enhance color and strength. For example, in 14k yellow gold, approximately 15% is copper and 10% is silver. Rose gold variants may have a higher copper content, giving them a distinctive pink hue, with 14kt rose gold contains about mostly copper and some silver silver. These alloys not only contribute to the metal’s durability but also to its color variety, such as white, yellow, or rose gold. read more about gold alloys.
What is the hallmark of 585 gold?
Hallmarks for 585 gold, indicating its 58.5% purity, typically include a “585” stamp. This hallmark confirms that the piece is made of 14 karat gold. Jewelry may also carry additional marks indicating the manufacturer or the country of origin, such as “585 Italy”.
Is 585 gold a good investment?
In general, it is better to buy 999 gold as coins or bars for investment purposes. As the markup is minimal compared to gold jewelry. Also investment coins and bars are standardized which makes the check for authenticity much easier, in contrast to gold jewelry.
Why is 585 gold preferred for jewelry?
585 gold is preferred for jewelry because it offers an ideal balance between purity and durability. It contains a high percentage of gold while being strong enough for daily wear. This makes it suitable for a wide range of jewelry items, including rings, necklaces, and bracelets.
How should I store and care for 585 gold jewelry?
To maintain 585 gold jewelry, store it in a cool, dry place, ideally in individual soft cloth pouches or a lined jewelry box to prevent scratches. For care, gently clean the jewelry with a soft cloth and mild soap and water, avoiding harsh chemicals and abrasive materials that could damage the gold.