Answer
Dec 20, 2023 - 10:51 AM
A gold bar that is 999.9 fine is essentially 99.99% pure gold. In terms of karats, which are a measure of the purity of gold out of 24 parts, 99.99% pure gold is equivalent to 24 karats. Therefore, a 1 Oz gold bar with a purity of 999.9 fine is a 24-karat gold bar.
