Precious metals investment terms A to Z

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Karat

Karat (abbreviated to kt or ct) is used to measure the purity of gold. It uses a scale of 24, where 24 karat means pure gold.

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Kondratieff Cycle

The public attention focuses on the business cycle. It’s quite understandable given its importance. However, economists distinguished also other cycles, such as Kitchin inventory cycles, the Kuznets cycles and the Kondratieff cycles (a.k.a. Kondratiev cycles).

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