24 carat gold Carat (purity) For the unit of mass of the same name, see Carat (mass). The carat (abbreviation ct or kt) is a measure of the purity of gold alloys. In the United States and Canada, the spelling karat (abbreviation k or kt) is …
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Chuck Butler discusses the continuing rise in the gold price, now near it’s inflation-adjusted high, the rally in various world currencies and the prospect of more quantitative easing. The Daily Reckoning