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their trading market have become a small fraction of all markets and fixed exchange rates of currencies to gold have been replaced by floating prices for gold and gold future contract.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
Gold-filled jewelry Gold-filled jewelry Gold-filled jewelry is jewelry composed of a solid layer of gold (typically constituting at least 5% of the item's total weight) mechanically bonded to a base of either sterling silver or some base metal. The related terms "rolled gold plate" and "gold overlay" may legally be used in some contexts if the layer of gold constitutes less than 5% of the item's weight. Most high quality gold-filled pieces have the same appearance as high carat gold, and gold-filled items, even with daily wear, can last 10 to 30 years though the layer of gold will eventually wear off