The milliyem worth is outlined as a gold purity ranking out of 1,000.
With the intention to calculate this worth, the pure gold mass within the materials manufactured from gold is divided by the entire mass and multiplied by 1,000.
Nonetheless, 1 gram of HAS (24 carat pure gold) is 995 mil, not 1000 mil. 14 carat gold is 585 mil, 18 carat gold is 750 mil.
MILLIONS VALUE FOR PHYSICAL GOLD
The bodily gold collected by the contracted jewelers and valuable metallic consultants, who present valuable metallic valuation and assortment companies on behalf of the banks, to report credit for the financial institution prospects’ gold deposit, personal present and participation accounts, is valued at a minimal of milliem values.
The milliyem values decided on the idea of carat and product for the bodily gold collected by the banks are as follows:
|24K||Merchandise of Refineries Listed by BİAŞ||0.995|
|24K||Merchandise of Refineries Not Included in BİAŞ Record||0.992|
|22 Gauge||Mint Manufacturing Trinket||0.912|
|22 Gauge||22K Bracelet||0.910|
|22 Gauge||Miscellaneous Scrap Gold||0.907|
|21 Gauge||Miscellaneous Scrap Gold||0.855|
|18K||Miscellaneous Scrap Gold||0.725|
|14 Gauge||Miscellaneous Scrap Gold||0.555|
|8 Settings||Miscellaneous Scrap Gold||0.2975|