BULLION TERMINOLOGY - K

*Sourced from Kitco.com*

Kangaroo

See Australian Kangaroo
 

Karat

A measure of gold purity. It is expressed in a fraction of 24. 24k gold designates a purity of 99.9% or more.
 

Kilo Bar

Bar weighing 1 kilogram (equivalent to 1,000 grams or 32.15 t oz). This is a common weight for gold bars, but silver kilo bars exist as well.
 

Kilogram

Unit of mass of the metric system. A kilogram is equal to 1,000 grams or 32.1507 troy ounces.
 

Kitco Allocated Storage

Also referred to as KAS. It is a global option for gold, silver, platinum and rhodium storage that is fully segregated and allocated as your property at all times. Kitco offers precious metal storage in Canada, United States, Hong Kong and Cayman Islands.
 

Koala

See Australian Koala.
 

Krugerrand

See South African Krugerrand.