Gold prices recorded a noticeable rise today, Wednesday, with the price of 18-karat broken gold per gram increasing by 4.7% to reach 870 dinars, compared to 831 dinars last Sunday.
The price of 21-karat broken gold per gram also rose by 4.75%, reaching 1,015 dinars compared to 969 dinars in Sunday’s trading.
📊 Latest prices from the parallel market:
- 18-karat gold bullion: 879 dinars
- Local silver bullion: 17.80 dinars
- Rare Turkish 999.9 silver bullion: 18.80 dinars
- New 18-karat gold: 1200 dinars
- Used 18-karat gold: 970 dinars
- New 21-karat gold price: 1300 dinars
- Used 21-karat gold price: 1120 dinars
Market Movement Implications:
- The general trend is upward with consecutive gains since the beginning of the week.
- The price difference between broken gold and bullion reflects increased demand for bullion as a safe haven.
- The continued rise in gold is linked to the weakness of the dinar and increased speculation in the parallel market.
18-karat broken gold
### Literal Meaning
– **18-karat gold** means the gold is 75% pure gold (18 parts gold out of 24), mixed with other metals for strength and color.
– **Broken** could mean physically damaged (e.g., a broken chain, ring, or item made of 18-karat gold).
### Possible Contexts & Interpretations
1. **Jewelry Repair or Sale**
Often used in ads or conversations about jewelry that is damaged but made of valuable material.
Example: *“I have an 18-karat broken gold necklace to sell for scrap.”*
2. **Metaphorical or Poetic Use**
Could symbolize something precious that has been damaged or a relationship that was valuable but is now fractured.
Example: *“Their love was like 18-karat broken gold — still precious but no longer whole.”*
3. **Scrap Gold / Refining**
Refers to damaged or unwanted gold items being sold for their material value.
Example: *“We buy 18-karat broken gold at market prices.”*
4. **Art or Design**
Sometimes jewelry artists use “broken” or fragmented pieces intentionally in designs, so “18-karat broken gold” might describe a style.
### If You Have a Specific Context:
– If you’re **selling or repairing** such an item, the key is to determine its weight and gold content for value.
– If it’s **metaphorical**, it conveys mixed beauty and loss.
– If it’s **part of a title or creative work** (song, poem, artwork), it likely plays on the contrast between high value and damage.
Let me know if you’re referring to a particular situation!
21-karat broken gold
Here’s a breakdown of what that means:
—
### 1. **21-Karat Gold**
– **Purity**: 21-karat gold is **87.5% pure gold** (21 parts gold out of 24 total parts).
– The remaining **12.5%** is usually alloyed metals like copper, silver, or zinc to add strength and durability (pure 24K gold is too soft for most jewelry).
– It’s considered **high-purity gold** and is commonly used in fine jewelry, especially in regions like the Middle East, South Asia, and parts of Europe.
—
### 2. **”Broken” Gold**
– **Meaning**: “Broken” indicates that the item is **damaged**—for example:
– A snapped chain.
– A cracked bangle.
– A piece with missing stones or broken clasps.
– Fragments or scrap gold from melted or dismantled jewelry.
– **Not wearable**: It’s often sold for its **material value** (gold content) rather than its aesthetic or functional value.
—
### 3. **Value & Use**
– **Scrap gold**: Broken 21K gold is typically sold to jewelers, refiners, or gold buyers.
– **Price**: You’ll be paid based on the **gold content weight** (after testing for purity), minus any refining fees or deductions.
– **Melting & reuse**: It’s often melted down to recover the gold and make new jewelry or items.
—
### 4. **Selling or Buying**
– **If selling**: Get it weighed and tested for purity (acid test or electronic tester) by a reputable dealer. Check the **daily gold price** to understand its melt value.
– **If buying**: Be cautious—ensure it’s genuine 21K gold (ask for a hallmark or get it tested). Broken gold is usually purchased for melting, so the price should be close to its scrap value.
—
### 5. **Common Context**
You might encounter this term in:
– **Pawnshops or jewelry stores** buying scrap gold.
– **Online listings** for broken or damaged gold items.
– **Inherited jewelry** that’s no longer wearable but still valuable.
—
**Bottom line**:
“21-karat broken gold” is **valuable for its high gold content**, but because it’s damaged, it’s typically treated as **scrap gold** rather than wearable jewelry. If you have some, it’s worth selling to a trusted buyer; if you’re buying, make sure you’re paying a fair price based on gold weight and purity.
18-karat gold bullion
### 1. **”18-karat gold”**
* **Means:** An alloy that is 75% pure gold (18 parts gold out of 24).
* **Used For:** Jewelry, decorative items, and sometimes collectible coins. It’s valued for its durability and color but is not “pure.”
### 2. **”Bullion”**
* **Means:** Precious metal (gold, silver, etc.) in its most basic, high-purity investment form—typically bars, ingots, or coins of .999+ fineness (99.9% pure or higher).
* **Purpose:** Primarily for investment, storage of wealth, and trading based on the intrinsic metal value.
### **The Contradiction**
The term “bullion” implies high purity for investment, while “18-karat” specifies a lower purity alloy used for durability. You wouldn’t typically find **18-karat gold bullion** in the mainstream investment market.
### **Possible Interpretations**
* **Misstatement:** It might be a casual or incorrect way to refer to a **1-ounce gold bar** (which is .999+ pure) or an **18-karat gold jewelry item**.
* **Specialty Item:** In very rare cases, a private mint might create a decorative or commemorative bar made of 18-karat gold, but it would be considered a **collectible or luxury item**, not standard investment bullion. Its value would be based more on craftsmanship and premium than pure gold content.
* **Scrap Gold:** It could refer to a large quantity of 18-karat gold items (like old jewelry) being sold for their **melt value** (as “scrap bullion”), but this is not the standard use of the term.
### **What You Probably Want:**
* If you’re looking to **invest** in gold, you want **.999 (24-karat) gold bullion** (bars or coins like American Eagles, Canadian Maple Leafs, etc.).
* If you’re interested in an **18-karat gold object**, you are likely looking at **jewelry** or a decorative piece.
**In short: “18-karat gold bullion” is not a standard financial or precious metals term. It combines two concepts that don’t typically go together.**
Local silver bullion
Here’s a detailed breakdown of what it means, why someone might seek it, and how to go about it.
### What is Silver Bullion?
Silver bullion is physical silver valued primarily by its weight and purity (typically .999 fine or higher), not its rarity or collectible status. Common forms include:
* **Bullion Bars:** Ranging from 1 oz to 100 oz or more.
* **Bullion Coins:** Government-minted coins like the American Silver Eagle, Canadian Maple Leaf, or Austrian Philharmonic. These have a small premium over the spot price.
* **Rounds:** Privately minted, coin-like pieces, usually with lower premiums than official coins.
### Why Buy “Local”?
1. **Immediate Possession:** You walk out with the silver in hand, avoiding shipping delays and the risk of loss or theft in transit.
2. **No Paper Trail (Privacy):** Cash transactions can offer a degree of privacy not available with credit card purchases online. (*Note: Large cash transactions may still be reported*).
3. **Inspect Before Buying:** You can personally examine the product for authenticity, condition, and any imperfections.
4. **Support Local Business:** Build a relationship with a local dealer for future buys and sells.
5. **Avoid Shipping & Insurance Costs:** This can make the total cost more competitive.
### How to Find a Local Silver Bullion Dealer
1. **Online Search:** Use terms like “**silver dealer near me**,” “**coin shop**,” “**precious metals buyer**,” or “**bullion dealer [Your City]**.”
2. **Directories:** Check the websites of major bullion distributors (like APMEX, JM Bullion) for their “**local dealer finder**” tools.
3. **Industry Associations:** Look for dealers affiliated with the **Professional Numismatists Guild (PNG)** or the **Industry Council for Tangible Assets (ICTA)** for reputable businesses.
4. **Local Coin Shows:** These are excellent places to meet multiple dealers, compare prices, and inventory in person.
### Key Considerations & Tips
* **Know the Spot Price:** Before you go, check the current **spot price of silver** (e.g., on Kitco.com). This is the baseline market price per ounce.
* **Understand the Premium:** You will always pay a **premium** over the spot price. This covers the dealer’s costs, minting, and profit. Compare premiums between dealers and products.
* **Verify Reputation:** Check online reviews (Google, Yelp, BBB) and ask for recommendations in local investment or collector forums.
* **Ask Questions:** Inquire about buy-back policies. A reputable dealer should be willing to buy the silver back from you, usually at a discount to the spot price.
* **Payment Methods:** Cash often gets you the best price. Be aware that dealers may charge extra for credit cards due to processing fees.
* **Authenticity:** Learn basic security features of the products you want (e.g., American Silver Eagles have specific reeded edges and weight). Reputable local dealers stake their business on selling authentic products.
### A Word of Caution
While buying local has advantages, be cautious of:
* **Prices significantly below spot:** This is a major red flag for counterfeits.
* **High-pressure sales tactics.**
* **Dealers unwilling to provide clear pricing or answer questions.**
**In summary, “local silver bullion” is about acquiring physical silver from a community-based source for immediacy, personal inspection, and relationship-building. Doing your homework on pricing and dealer reputation is essential for a successful transaction.**
Rare Turkish 999.9 silver bullion
### What It Means
* **Turkish:** Minted in Turkey, primarily by the **Istanbul Gold Refinery (IGR)** or the **Turkish State Mint**.
* **999.9:** Denotes the purity, meaning 99.99% pure silver (often called “four nines fine”).
* **Bullion:** Refers to coins or bars valued primarily for their metal content and weight, rather than rarity or artistic value. However, the term “rare” adds a collectible layer.
* **Rare:** This is the key modifier. It suggests the item is not a standard, currently minted bullion product readily available from major dealers.
### Most Likely Candidates
The phrase most commonly refers to two prestigious series:
1. **Turkish Republic Gold & Silver Bullion Coins (Cumhuriyet Altını):**
* These are **legal tender** coins issued by the Turkish State Mint.
* The **silver versions** are struck in 999.9 fine silver.
* They come in various sizes (e.g., 1/4, 1/2, 1, 2.5, 5 units) but are often collected in complete sets.
* **Why “rare”?** Certain years have very low mintages, making them highly sought-after. Complete sealed sets, especially from the early 2000s or specific commemorative years, are considered rare and command significant premiums over the spot price of silver.
2. **Istanbul Gold Refinery (IGR) Kilim & Sultan Bars:**
* IGR is one of the world’s largest refiners. Their 999.9 silver bullion bars are renowned for quality.
* The **”Kilim” pattern bars** feature a traditional Turkish carpet design.
* The **”Sultan” series bars** often feature Ottoman-era rulers or motifs.
* **Why “rare”?** While IGR produces many bars for the current market, **discontinued designs, limited edition runs, or specific vintage years** (e.g., early 1990s issues) are considered rare collectibles.
### Key Points for Buyers & Sellers
* **Premium Over Spot:** “Rare” items will always sell for a significant premium above the current market price of silver. This premium is for numismatic/collector value.
* **Authentication is Crucial:** Due to the value, you must buy from reputable dealers. Look for original packaging, certificates (for sets), and hallmarks.
* **Grading:** For coins, professional grading (by services like NGC or PCGS) can dramatically increase value and liquidity if they are in top condition (MS-69, MS-70).
* **Where to Find:**
* Specialized bullion dealers with a numismatic focus.
* Auction houses (Heritage Auctions, Stack’s Bowers).
* Reputable online marketplaces (but be extra cautious).
* In Turkey, at major bazaars or established coin shops.
### In Summary
“Rare Turkish 999.9 silver bullion” typically describes **limited mintage Turkish State Mint coins** or **discontinued/early IGR design bars** made of pure silver. Their value is a combination of:
1. The intrinsic value of the pure silver.
2. A substantial collector’s premium due to scarcity, design, and historical significance.
If you have a specific piece in mind, examining its **year, mint mark, design, and original packaging** is the best way to determine its true rarity and value.
New 18-karat gold
Here’s what that means in more detail:
—
### 1. **Gold purity**
– **18-karat gold** is 75% pure gold mixed with 25% other metals (like copper, silver, zinc, or nickel).
– It’s a common standard for fine jewelry because it balances purity with durability (pure 24K gold is softer and scratches easily).
—
### 2. **Why “new” is specified**
– Could indicate recently manufactured, just purchased, or unworn.
– In jewelry sales, “new” often means not vintage or pre-owned.
– Sometimes used in marketing to emphasize a fresh collection or design.
—
### 3. **Common uses**
– Rings, necklaces, bracelets, earrings, watches.
– Higher-end items compared to 10K or 14K gold (which have lower gold content).
—
### 4. **Hallmarks to look for**
Genuine 18K gold items are usually stamped with:
– **750** (meaning 750 parts per thousand gold)
– **18K**, **18kt**, or **18 karat**
—
### 5. **Considerations if buying**
– Verify the hallmark.
– Check if it’s solid gold or gold-plated/vermeil (“18K gold” usually means solid, but confirm).
– Price will be higher than lower-karat gold due to higher gold content.
—
If you’re looking at a specific item described this way, you can share more details and I can help you evaluate what it might mean in that context.
Used 18-karat gold
—
### **What “18-Karat Gold” Means:**
– **Gold Purity:** 18-karat gold is **75% pure gold** (18 parts gold out of 24 total parts).
– **Alloy Metals:** The remaining 25% consists of metals like copper, silver, nickel, or zinc. These alloys affect the color and hardness of the gold.
– **Common Colors:** Depending on the alloy mix, 18K gold can be:
– **Yellow gold** (gold + copper/silver)
– **White gold** (gold + nickel/palladium, often plated with rhodium)
– **Rose gold** (gold + a high copper content)
—
### **Why Use 18K Gold?**
– **Durability:** More durable than higher-karat gold (like 22K or 24K), making it suitable for everyday jewelry like rings and bracelets.
– **Rich Color:** Retains a rich gold appearance while being less prone to scratches and dents compared to purer gold.
– **Value:** Contains a high gold content, offering good value and prestige.
—
### **Common Uses:**
– Fine jewelry (engagement rings, necklaces, watches)
– High-end watches and luxury accessories
– Some decorative or commemorative items
—
### **Things to Note:**
– **Hallmarks:** Authentic 18K gold items are often stamped with marks like **“750”**, **“18K”**, **“18KT”**, or **“18 Karat”** to indicate purity.
– **Price:** More affordable than 24K gold but pricier than 14K or 10K gold due to higher gold content.
– **Care:** Can still tarnish or scratch over time, so regular cleaning and careful storage are recommended.
—
If you’re looking at a specific item described as “used 18-karat gold,” it simply means it’s a pre-owned piece made from this material. Its value will depend on factors like weight, design, brand, and condition.
New 21-karat gold
Here’s what it means and some possible contexts:
—
### 1. **What is 21-karat gold?**
– Karat (kt) measures gold purity. Pure gold is 24 karats.
– 21-karat gold is **21 parts gold, 3 parts other metals** (like copper, silver, zinc), so it’s **87.5% pure gold** (21/24 = 0.875).
– It’s less common than 18K (75% gold) or 22K (91.7% gold), but used in some jewelry, especially in South Asian, Middle Eastern, or traditional designs where higher gold content is valued but some hardness is needed.
—
### 2. **Why “New”?**
– **New alloy formula** – Could be a recently developed mix that improves durability, color (e.g., rose gold variant), tarnish resistance, or is hypoallergenic.
– **New product line** – A jewelry brand launching a collection using 21K instead of their usual 18K or 22K.
– **New market introduction** – Maybe 21K wasn’t common in a certain region, and now it’s being promoted as “new” there.
– **New coating/plating technique** – Could refer to a gold layer over another metal, with “21-karat” describing the gold’s purity in the plating.
—
### 3. **Possible contexts you might see this**
– Jewelry stores advertising “New 21-karat gold collection”
– Investment gold products (coins, bars) in 21K purity (though most investment gold is 24K or 22K)
– Watches or luxury items using 21K gold for parts
– Dental or electronics applications (though less common)
—
### 4. **Is 21K gold a good choice?**
– **Pros**: Higher gold content than 18K, so richer yellow color and more intrinsic gold value; still harder than 22K or 24K.
– **Cons**: Slightly less pure than 22K, so not the highest purity; may still scratch or dent more than lower-karat gold; less common, so might be harder to resell.
—
If you have a specific product or advertisement mentioning “New 21-karat gold,” feel free to share more details and I can give a more precise interpretation.
Used 21-karat gold
—
### **What is 21-karat gold?**
– **Karat (kt or k)** measures the purity of gold, with 24 karat being pure gold (99.9% gold).
– **21-karat gold** is **21 parts pure gold out of 24**, or **87.5% pure gold** (21/24 = 0.875).
– The remaining **12.5%** consists of other metals (like copper, silver, or zinc) added for strength and durability, since pure gold is soft and easily scratched or bent.
—
### **Common uses:**
– **Jewelry:** Especially in regions like the Middle East, South Asia, and parts of Europe, where higher-karat gold is traditional.
– **Decorative items:** Such as watches, pens, or luxury accessories.
– **Coins or bullion:** Some investment or commemorative coins may use 21-karat gold.
—
### **Pros and cons:**
– **Pros:**
– High gold content gives a rich, deep yellow color.
– Valuable and holds its worth well.
– Durable enough for everyday jewelry compared to 22K or 24K gold.
– **Cons:**
– Softer than lower-karat gold (like 14K or 18K), so it can still scratch or dent more easily.
– May not be as widely available in some Western markets, where 14K or 18K is more common.
—
### **Hallmarking:**
Authentic 21-karat gold items should be stamped with **“21K”**, **“875”** (indicating 87.5% purity), or a hallmark from an assay office.
—
### **If you’re buying or selling:**
– Verify the hallmark.
– Get an appraisal from a reputable jeweler if unsure.
– Note that gold value is based on weight and the current market price of gold, adjusted for purity.
Let me know if you’d like help calculating its approximate value or identifying an item!

























































































































































































































































































































































































































































































































































































































































































































































