Gold Nugget - Composition

Composition

Nuggets are usually 20K to 22K purity (83% to 92%). Gold nuggets in Australia often are 23K or slightly higher, while Alaskan nuggets are usually at the lower end of the spectrum. Purity can be roughly assessed by the nugget color, the richer and deeper the orange-yellow the higher the gold content. Nuggets are also referred to by their fineness, for example "865 fine" means the nugget is 865 parts per thousand in gold. The common impurities are silver and copper. Nuggets high in silver content constitute the alloy electrum.

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