In Reply to: Percentage posted by Mic on Tuesday, 3. May 2011 at 12:13 Bali Time:
prices and the gold price is now around $1500/ounce or about $50/gm.
Few of the Denpasar gold shops go down to 18 carat (= 18/24 or 75% gold) - that is generally regarded as very inferior, and have never heard of 9 carat. 22 and 24 carat is generally used and has the best range, and 20 carat is definitely lesser quality.