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Main Jewelers or for instance even regional jewelers often quote a higher price via the karat. Believe the prevailing rate of gold as 3000 per gm for 24K. So for example, When you are purchasing a 22K gold ring the price per gm it's essential to fork out is 22K/24K*3000 = 2750.A wise selection is, investing on the basis of a well defined strategy.