Gold increasing foreign exchange, the world's gold reserves and their trading market have become a small fraction of all markets and fixed exchange rates of currencies to gold have been replaced by floating prices for gold and gold future contract. Though the gold stock grows by only 1 or 2% per year, very little metal is irretrievably consumed. Inventory above ground would satisfy many decades of industrial and even artisan uses at current prices. The gold proportion (fineness) of alloys is measured by karat (k). Pure gold (commercially termed "fine" gold) is designated as 24 karat, abbreviated 24k. English gold coins
Eight Carat Eight Carat Eight Carat (GB) (1975–2000) was a British-bred Thoroughbred broodmare. in Australasia. She produced five individual Group One winners, including Octagonal, Mouawad, Kaapstad, Diamond Lover and (Our) Marquise who had 28 stakes wins between them. Eight Carat was a black or brown mare bred in Britain. She was sired by the Eclipse Stakes winner Pieces of Eight out of Klairessa. Klairessa had little success as a racehorse, but was a sister to both the King's Stand Stakes winner D'Urberville and the mare Lora who produced the 1000 Guineas winner On the House. In addition to Eight Carat, Klairessa also