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Top Jewelers or for instance even regional jewelers often quote an increased price with the karat. Presume the prevailing rate of gold as 3000 for every gm for 24K. So one example is, For anyone who is purchasing a 22K gold ring the price per gm it's essential to shell out is 22K/24K*3000 = 2750.Q: When is the best time to speculate in Gold? Ans: I