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Thai Gold is famous throughout the world for its high purity of 96.5 percent (which is equivalent to 23 carats based on the more commonly used unit of purity employed for gold). Thai Gold is measured in "Baht" which is not to be confused with the same word for used for Thailand's Currency. Baht is a unit of weight measurement for Gold in Thailand where 1 Baht is equal to 15.244 grams in raw bullion form or 15.16 grams when it is sold as jewelry. Thai Gold is also measured in "Salung" which is a smaller unit when compared with Baht, where 1 salung is a quarter baht (0.25 baht) or 3.81 grams. A purity of 96.5 percent means that 1 Baht of Gold consists of 96.5 percent pure gold with the remainder being other metals such as silver. Hence, 1 Baht of Thai Gold normally contains 14.71 grams of pure gold.