Gold is a precious metal that is used in jewellery, coins, and other decorative items. The price of gold is determined by its purity and weight. In this blog post, we will answer the question of how much a gram of 9ct gold is worth in Namibia. Namibia is a country in southern Africa. It is bordered by the countries of Angola, Botswana, South Africa, and Zambia. Namibia is a mineral-rich country, and gold is one of the minerals that is mined there. The Namibian government has strict regulations on gold mining, and only a handful of companies are allowed to operate in the country.
What is 9ct gold?
9ct gold is an alloy of gold and other metals. The purity of 9ct gold is 9/24, so it is 9 parts gold and 15 parts other metals. The most common metals that are used to alloy gold are copper and silver. 9ct gold is typically used in jewellery because it is more affordable than pure gold.
In Namibia, the price of gold is determined by its purity and weight. 9ct gold is less pure than 24ct gold, so it is not as expensive. However, because it is an alloy, it is heavier than pure gold. This means that 9ct gold is more expensive than its weight would suggest.
A gram of 9ct gold is worth about N$340 in Namibia. This is based on the current gold price of N$38,000 per kilogram.