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Contact SupplierProduct - raw gold nuggets a gold nugget is a naturally occurring piece of native gold. Watercourses often concentrate nuggets and finer gold in placers. Nuggets are usually 20.5k to 22k purity (83% to 92%). Gold nuggets often are 23k or slightly higher, purity can be roughly assessed by the nugget color, the richer and deeper the orange-yellow the higher the gold content. Nuggets are also referred to by their fineness.